409 Bullis StKenyonMN55946
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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 Kenyon at 409 Bullis St, Kenyon, MN, 55946 uses $66,267 cash to close to unlock $2,306/yr annual cash flow and $192/mo monthly cash flow. Total monthly income runs $1,440/mo, and a $978/mo payment keeps the spread at $192/mo. Purchase price stands at $199,900, and rental yield measures 8.64% with $1,440/mo rent. Return on cash invested shows 23.39% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 121.64% and total cumulative return in cash records $80,605. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,440/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1963
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55946, Kenyon, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,498 (100%) |
| Owner Occupied HU | 1,150 (76.8%) |
| Renter Occupied HU | 246 (16.4%) |
| Vacant Housing Units | 102 ( 6.8%) |
| Median Home Value | $289,873 |
| Average Home Value | $347,687 |
Housing Distribution
Address Breakdown
Residential
1,370
Single Family
1,306
Multi-Family
64
Businesses
77
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