402 Main St SAtwaterMN56209
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Atwater at 402 Main St S, Atwater, MN, 56209 at $139,900 posts ROI 32.13% with $472/mo cash flow from $1,346/mo rent. Total monthly income equals $1,346/mo, and annual cash flow records $5,666/yr on $46,377 to close. Return on cash invested measures 32.13% and rental yield reads 11.55% at the current $139,900. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 by year five. Five-year ROI prints 168.53% and total cumulative return in cash totals $78,159.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,346/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1889
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56209, Atwater, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,257 (100%) |
| Owner Occupied HU | 775 (61.7%) |
| Renter Occupied HU | 167 (13.3%) |
| Vacant Housing Units | 315 (25.1%) |
| Median Home Value | $270,238 |
| Average Home Value | $344,139 |
Housing Distribution
Address Breakdown
Residential
740
Single Family
740
Multi-Family
0
Businesses
55
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