407 4th St NAtwaterMN56209
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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 407 4th St N, Atwater, MN, 56209 offers a 8.85% rental yield on a $299,000 purchase with $2,204/mo rent. Total monthly income registers $2,204/mo, and a $1,463/mo payment leaves $337/mo available for distribution. Annual cash flow reaches $4,048/yr on $99,119 to close, and return on cash invested stands at 23.99% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 124.84% and total cumulative return in cash at $123,742. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,204/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
1.06 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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