406 Pennsylvania AveAdrianMN56110
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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 Adrian at 406 Pennsylvania Ave, Adrian, MN, 56110 uses $63,648 cash to close to unlock $3,634/yr annual cash flow and $303/mo monthly cash flow. Total monthly income runs $1,502/mo, and a $940/mo payment keeps the spread at $303/mo. Purchase price stands at $192,000, and rental yield measures 9.39% with $1,502/mo rent. Return on cash invested shows 25.62% in year one, and 5% annual appreciation builds toward $53,046 over five years. Five-year ROI reaches 133.55% and total cumulative return in cash records $85,000. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,502/mo property income covering a $940/mo payment rather than investor’s personal income.
Single Family
Built in 1915
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56110, Adrian, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 752 (100%) |
| Owner Occupied HU | 585 (77.8%) |
| Renter Occupied HU | 116 (15.4%) |
| Vacant Housing Units | 51 ( 6.8%) |
| Median Home Value | $224,808 |
| Average Home Value | $247,953 |
Housing Distribution
Address Breakdown
Residential
546
Single Family
546
Multi-Family
0
Businesses
58
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