406 E South StCaledoniaMN55921
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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
Rental property for sale in Caledonia at 406 E South St, Caledonia, MN, 55921 priced at $219,900 converts $1,717/mo rent into $344/mo cash flow after a $1,076/mo obligation. Total monthly income equals $1,717/mo, and annual cash flow totals $4,130/yr on $72,897 invested. Return on cash invested prints 25.57% in year one, and rental yield reads 9.37% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 133.34% and total cumulative return in cash sums $97,204. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,717/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Single Family
Built in 1912
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55921, Caledonia, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,173 (100%) |
| Owner Occupied HU | 1,568 (72.2%) |
| Renter Occupied HU | 418 (19.2%) |
| Vacant Housing Units | 187 ( 8.6%) |
| Median Home Value | $221,538 |
| Average Home Value | $281,610 |
Housing Distribution
Address Breakdown
Residential
2,006
Single Family
1,881
Multi-Family
125
Businesses
177
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