434 Evergreen Park BlvdLitchfieldMN55355
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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 Litchfield at 434 Evergreen Park Blvd, Litchfield, MN, 55355 earns $631/mo cash flow from $1,879/mo rent with a $978/mo payment. Total monthly income totals $1,879/mo, and annual cash flow totals $7,574/yr on $66,267 capital. ROI tracks 31.34% on current figures, and rental yield reads 11.28% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 164.26% and total cumulative return in cash sums $108,853. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,879/mo property income instead of your personal income.
Single Family
Built in 1949
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55355, Litchfield, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,434 (100%) |
| Owner Occupied HU | 2,995 (67.5%) |
| Renter Occupied HU | 944 (21.3%) |
| Vacant Housing Units | 495 (11.2%) |
| Median Home Value | $243,584 |
| Average Home Value | $300,728 |
Housing Distribution
Address Breakdown
Residential
4,146
Single Family
3,742
Multi-Family
404
Businesses
386
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Listed by: Corbin Froelich • Central MN Realty LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6826099