501 S Jefferson StHoustonMN55943
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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
Rental property for sale in Houston at 501 S Jefferson St, Houston, MN, 55943 priced at $310,000 pairs $990/mo rent with after a $1,517/mo payment. Total monthly income equals $990/mo. Return on cash invested is 8.87% in year one, and rental yield stands at 3.83% on a $310,000 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,647 by year five. Five-year ROI measures 43.74% and total cumulative return in cash reaches $44,947. For financing, Ziffy Mortgage’s DSCR program evaluates $990/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1984
12.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55943, Houston, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,469 (100%) |
| Owner Occupied HU | 1,084 (73.8%) |
| Renter Occupied HU | 248 (16.9%) |
| Vacant Housing Units | 137 ( 9.3%) |
| Median Home Value | $353,810 |
| Average Home Value | $472,078 |
Housing Distribution
Address Breakdown
Residential
1,132
Single Family
1,110
Multi-Family
22
Businesses
80
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