500 Fairway Ct NStewartvilleMN55976
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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 Stewartville at 500 Fairway Ct N, Stewartville, MN, 55976 offers $2,550/mo rent that, after a $1,713/mo payment, leaves $365/mo cash flow. Total monthly income is $2,550/mo, and annual cash flow is $4,374/yr on $116,025 cash. Return on cash invested measures 23.68% in year one, and rental yield stands at 8.74% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 123.14% and total cumulative return in cash reaches $142,874. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,550/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55976, Stewartville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,497 (100%) |
| Owner Occupied HU | 2,687 (76.8%) |
| Renter Occupied HU | 683 (19.5%) |
| Vacant Housing Units | 127 ( 3.6%) |
| Median Home Value | $394,668 |
| Average Home Value | $425,922 |
Housing Distribution
Address Breakdown
Residential
3,404
Single Family
3,119
Multi-Family
285
Businesses
183
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Listed by: Aaron Jones • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6758445