418 8th StRed WingMN55066
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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
Rental property for sale in Red Wing at 418 8th St, Red Wing, MN, 55066 generates $886/mo in rent and, after a $555/mo payment, leaves $178/mo in cash flow. Total monthly income is $886/mo, and annual cash flow is $2,135/yr on $37,584 invested. Return on cash invested sits at 25.59% in year one, and rental yield is 9.38% on a $113,377 entry. Equity gained on principal adds $732/yr, while 5% annual appreciation builds toward $31,324 over five years. Five-year ROI reaches 133.37% and total cumulative return in cash sums $50,128. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $886/mo property income rather than buyer’s personal income.
Single Family
Built in 1880
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55066, Red Wing, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,639 (100%) |
| Owner Occupied HU | 5,722 (66.2%) |
| Renter Occupied HU | 2,426 (28.1%) |
| Vacant Housing Units | 491 ( 5.7%) |
| Median Home Value | $299,791 |
| Average Home Value | $345,687 |
Housing Distribution
Address Breakdown
Residential
8,540
Single Family
6,971
Multi-Family
1,569
Businesses
699
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