417 5th AveIrontonMN56455
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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 Ironton at 417 5th Ave, Ironton, MN, 56455 offers a 9.36% rental yield on a $154,900 purchase with $1,208/mo rent. Total monthly income registers $1,208/mo, and a $758/mo payment leaves $241/mo available for distribution. Annual cash flow reaches $2,891/yr on $51,349 to close, and return on cash invested stands at 25.54% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,796 over five years. Portfolio math shows five-year ROI at 133.08% and total cumulative return in cash at $68,336. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,208/mo property income against a $758/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56455, Ironton, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 866 (100%) |
| Owner Occupied HU | 585 (67.6%) |
| Renter Occupied HU | 120 (13.9%) |
| Vacant Housing Units | 161 (18.6%) |
| Median Home Value | $341,944 |
| Average Home Value | $373,568 |
Housing Distribution
Address Breakdown
Residential
509
Single Family
509
Multi-Family
0
Businesses
47
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