485 Front StCottonwoodMN56229
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 Cottonwood at 485 Front St, Cottonwood, MN, 56229 priced at $349,000 pairs $2,080/mo rent with after a $1,708/mo payment. Total monthly income equals $2,080/mo. Return on cash invested is 18.88% in year one, and rental yield stands at 7.15% on a $349,000 basis. Equity gained on principal adds $2,252/yr, and 5% annual appreciation accumulates to $96,422 by year five. Five-year ROI measures 97.4% and total cumulative return in cash reaches $112,680. For financing, Ziffy Mortgage’s DSCR program evaluates $2,080/mo property income against a $1,708/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1917
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56229, Cottonwood, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 756 (100%) |
| Owner Occupied HU | 547 (72.4%) |
| Renter Occupied HU | 131 (17.3%) |
| Vacant Housing Units | 78 (10.3%) |
| Median Home Value | $238,366 |
| Average Home Value | $276,458 |
Housing Distribution
Address Breakdown
Residential
641
Single Family
602
Multi-Family
39
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DuWayne Johnson • Marshall Area Homes
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6797001