504 E Franklin AveKennedyMN56733
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 504 E Franklin Ave, Kennedy, MN, 56733 in Kennedy is priced for capital growth, not immediate cash flow. The $220,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $60,782 by year five, with $2,026/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 5.5% |
| Monthly Cash Flow | $0 | $250 |
City averages based on Kennedy market data in our database. Property projections are estimates.
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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices