423 12th St NBreckenridgeMN56520
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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 Breckenridge at 423 12th St N, Breckenridge, MN, 56520 earns $227/mo cash flow from $1,338/mo rent with a $871/mo payment. Total monthly income totals $1,338/mo, and annual cash flow totals $2,720/yr on $59,007 capital. ROI tracks 24.52% on current figures, and rental yield reads 9.02% at a $178,000 purchase. Equity gained on principal adds $1,149/yr, and 5% annual appreciation supports $49,178 over five years. Five-year ROI reaches 127.63% and total cumulative return in cash sums $75,313. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,338/mo property income instead of your personal income.
Single Family
Built in 1921
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56520, Breckenridge, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,887 (100%) |
| Owner Occupied HU | 1,203 (63.8%) |
| Renter Occupied HU | 531 (28.1%) |
| Vacant Housing Units | 153 ( 8.1%) |
| Median Home Value | $206,250 |
| Average Home Value | $237,835 |
Housing Distribution
Address Breakdown
Residential
1,777
Single Family
1,449
Multi-Family
328
Businesses
148
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Listed by: Jeffrey Hagel • Jeff Hagel
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7002897