423 Main StEmmonsMN56029
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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 Emmons at 423 Main St, Emmons, MN, 56029 earns $203/mo cash flow from $984/mo rent with a $612/mo payment. Total monthly income totals $984/mo, and annual cash flow totals $2,439/yr on $41,438 capital. ROI tracks 25.79% on current figures, and rental yield reads 9.45% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 134.56% and total cumulative return in cash sums $55,757. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $984/mo property income instead of your personal income.
Single Family
Built in 1905
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56029, Emmons, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 307 (100%) |
| Owner Occupied HU | 232 (75.6%) |
| Renter Occupied HU | 46 (15.0%) |
| Vacant Housing Units | 29 ( 9.4%) |
| Median Home Value | $173,529 |
| Average Home Value | $235,140 |
Housing Distribution
Address Breakdown
Residential
227
Single Family
219
Multi-Family
8
Businesses
17
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