411 Wanser AveLafayetteMN56054
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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 Lafayette at 411 Wanser Ave, Lafayette, MN, 56054 at $275,000 posts ROI 14.23% with from $1,286/mo rent. Total monthly income equals $1,286/mo. Return on cash invested measures 14.23% and rental yield reads 5.61% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 72.49% and total cumulative return in cash totals $66,083. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,286/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56054, Lafayette, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 422 (100%) |
| Owner Occupied HU | 325 (77.0%) |
| Renter Occupied HU | 57 (13.5%) |
| Vacant Housing Units | 40 ( 9.5%) |
| Median Home Value | $319,136 |
| Average Home Value | $354,331 |
Housing Distribution
Address Breakdown
Residential
331
Single Family
331
Multi-Family
0
Businesses
23
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