433 Minnesota St NOrtonvilleMN56278
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ortonville at 433 Minnesota St N, Ortonville, MN, 56278 offers $1,580/mo rent that, after a $857/mo payment, leaves $487/mo cash flow. Total monthly income is $1,580/mo, and annual cash flow is $5,841/yr on $58,013 cash. Return on cash invested measures 29.98% in year one, and rental yield stands at 10.83% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 156.93% and total cumulative return in cash reaches $91,039. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,580/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56278, Ortonville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,537 (100%) |
| Owner Occupied HU | 817 (53.2%) |
| Renter Occupied HU | 324 (21.1%) |
| Vacant Housing Units | 396 (25.8%) |
| Median Home Value | $173,476 |
| Average Home Value | $222,632 |
Housing Distribution
Address Breakdown
Residential
1,275
Single Family
1,135
Multi-Family
140
Businesses
189
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Listed by: Jonathan Hartman • Shady Oak Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6765691