42939 Lida View LnVergasMN56587
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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 Vergas at 42939 Lida View Ln, Vergas, MN, 56587 offers a 3.01% rental yield on a $1,466,800 purchase with $3,682/mo rent. 54% in year one. Equity gained on principal adds $9,465/yr while 5% annual appreciation supports $405,250 over five years. Portfolio math shows five-year ROI at 31.12% and total cumulative return in cash at $147,904. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,682/mo property income against a $7,179/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56587, Vergas, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,100 (100%) |
| Owner Occupied HU | 616 (56.0%) |
| Renter Occupied HU | 54 ( 4.9%) |
| Vacant Housing Units | 430 (39.1%) |
| Median Home Value | $479,012 |
| Average Home Value | $530,353 |
Housing Distribution
Address Breakdown
Residential
745
Single Family
740
Multi-Family
5
Businesses
39
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