504 E Franklin AveKennedyMN56733
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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 Kennedy at 504 E Franklin Ave, Kennedy, MN, 56733 earns from $0/mo rent with a $1,077/mo payment. Total monthly income totals $0/mo. ROI tracks -2.7% on current figures, and rental yield reads 0% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1968
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56733, Kennedy, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 214 (100%) |
| Owner Occupied HU | 149 (69.6%) |
| Renter Occupied HU | 19 ( 8.9%) |
| Vacant Housing Units | 46 (21.5%) |
| Median Home Value | $235,227 |
| Average Home Value | $310,822 |
Housing Distribution
Address Breakdown
Residential
116
Single Family
116
Multi-Family
0
Businesses
17
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