417 3rd Ave SEMazeppaMN55956
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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 Mazeppa at 417 3rd Ave SE, Mazeppa, MN, 55956 offers a 8.39% rental yield on a $265,900 purchase with $1,860/mo rent. Total monthly income registers $1,860/mo, and a $1,301/mo payment leaves $200/mo available for distribution. Annual cash flow reaches $2,400/yr on $88,146 to close, and return on cash invested stands at 22.63% in year one. Equity gained on principal adds $1,716/yr while 5% annual appreciation supports $73,463 over five years. Portfolio math shows five-year ROI at 117.55% and total cumulative return in cash at $103,618. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,860/mo property income against a $1,301/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55956, Mazeppa, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 818 (100%) |
| Owner Occupied HU | 650 (79.5%) |
| Renter Occupied HU | 107 (13.1%) |
| Vacant Housing Units | 61 ( 7.5%) |
| Median Home Value | $359,259 |
| Average Home Value | $399,604 |
Housing Distribution
Address Breakdown
Residential
687
Single Family
675
Multi-Family
12
Businesses
29
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