504 Minnesota StOstranderMN55961
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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 Ostrander at 504 Minnesota St, Ostrander, MN, 55961 listed at $172,000 pairs $1,333/mo rent with a $842/mo payment to leave $259/mo cash flow. Total monthly income runs $1,333/mo, and annual cash flow reaches $3,106/yr on $57,018 cash to close. Return on cash invested measures 25.36% in year one, and rental yield registers 9.3% at a $172,000 basis. Equity gained on principal adds $1,110/yr, and annual property appreciation at 5% supports $47,520 by year five. Five-year ROI tracks 132.15% and total cumulative return in cash totals $75,349. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,333/mo property income relative to a $842/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55961, Ostrander, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 201 (100%) |
| Owner Occupied HU | 149 (74.1%) |
| Renter Occupied HU | 17 ( 8.5%) |
| Vacant Housing Units | 35 (17.4%) |
| Median Home Value | $273,214 |
| Average Home Value | $318,255 |
Housing Distribution
Address Breakdown
Residential
90
Single Family
90
Multi-Family
0
Businesses
10
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