404 W County Rd SLe RoyMN55951
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 404 W County Rd S, Le Roy, MN, 55951 in Le Roy hard to pass up. The 14.04% gross yield on a $119,000 purchase results in $1,392/mo in rent and $649/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.60). Annual cash flow of $7,787, five-year appreciation of $32,878, and $1,096/yr in equity build-up combine for a projected total cumulative return of $86,945.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14% | 6.2% |
| Monthly Cash Flow | $649 | $350 |
City averages based on Le Roy market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,392 |
| Total Monthly Debt Service | $696 |
| DSCR Ratio | 2.00x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1930
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55951, Le Roy, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 688 (100%) |
| Owner Occupied HU | 501 (72.8%) |
| Renter Occupied HU | 115 (16.7%) |
| Vacant Housing Units | 72 (10.5%) |
| Median Home Value | $209,511 |
| Average Home Value | $345,434 |
Housing Distribution
Address Breakdown
Residential
393
Single Family
343
Multi-Family
50
Businesses
65
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1930
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55951, Le Roy, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 688 (100%) |
| Owner Occupied HU | 501 (72.8%) |
| Renter Occupied HU | 115 (16.7%) |
| Vacant Housing Units | 72 (10.5%) |
| Median Home Value | $209,511 |
| Average Home Value | $345,434 |
Housing Distribution
Address Breakdown
Residential
393
Single Family
343
Multi-Family
50
Businesses
65
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices