411 Oak Ave SEMontgomeryMN56069
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Nearby investment properties with comparable prices
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 Montgomery at 411 Oak Ave SE, Montgomery, MN, 56069 with 5% annual appreciation on a $144,900 basis while $1,121/mo rent supports operations. Total monthly income totals $1,121/mo and a $709/mo payment preserves $216/mo for cash returns. Annual cash flow comes to $2,597/yr on $48,034 deployed, and return on cash invested reaches 25.31% in year one. Equity gained on principal adds $935/yr, and five-year appreciation sums $40,033 alongside rental yield of 9.28%. Five-year ROI measures 131.96% and total cumulative return in cash totals $63,385.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,121/mo property income versus a $709/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56069, Montgomery, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,200 (100%) |
| Owner Occupied HU | 1,638 (74.5%) |
| Renter Occupied HU | 419 (19.0%) |
| Vacant Housing Units | 143 ( 6.5%) |
| Median Home Value | $347,687 |
| Average Home Value | $457,990 |
Housing Distribution
Address Breakdown
Residential
2,100
Single Family
1,997
Multi-Family
103
Businesses
140
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Listed by: Natalie Watson • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6792734