408 Np AveUlenMN56585
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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 Ulen at 408 Np Ave, Ulen, MN, 56585 uses $34,178 cash to close to unlock $18,920/yr annual cash flow and $1,577/mo monthly cash flow. Total monthly income runs $2,242/mo, and a $505/mo payment keeps the spread at $1,577/mo. Purchase price stands at $103,100, and rental yield measures 26.1% with $2,242/mo rent. Return on cash invested shows 75.27% in year one, and 5% annual appreciation builds toward $28,485 over five years. Five-year ROI reaches 400.1% and total cumulative return in cash records $136,745. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,242/mo property income covering a $505/mo payment rather than investor’s personal income.
Single Family
Built in 1905
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56585, Ulen, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 483 (100%) |
| Owner Occupied HU | 390 (80.7%) |
| Renter Occupied HU | 55 (11.4%) |
| Vacant Housing Units | 38 ( 7.9%) |
| Median Home Value | $332,174 |
| Average Home Value | $332,340 |
Housing Distribution
Address Breakdown
Residential
227
Single Family
188
Multi-Family
39
Businesses
26
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