506 9th St NWDodge CenterMN55927
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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 Dodge Center at 506 9th St NW, Dodge Center, MN, 55927 earns $93/mo cash flow from $2,460/mo rent with a $1,855/mo payment. Total monthly income totals $2,460/mo, and annual cash flow totals $1,120/yr on $125,639 capital. ROI tracks 20.8% on current figures, and rental yield reads 7.79% at a $379,000 purchase. Equity gained on principal adds $2,446/yr, and 5% annual appreciation supports $104,711 over five years. Five-year ROI reaches 107.71% and total cumulative return in cash sums $135,323. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,460/mo property income instead of your personal income.
Single Family
Built in 2004
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55927, Dodge Center, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,663 (100%) |
| Owner Occupied HU | 1,256 (75.5%) |
| Renter Occupied HU | 311 (18.7%) |
| Vacant Housing Units | 96 ( 5.8%) |
| Median Home Value | $295,982 |
| Average Home Value | $347,697 |
Housing Distribution
Address Breakdown
Residential
1,595
Single Family
1,459
Multi-Family
136
Businesses
129
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Listed by: Lynn Franko • Coldwell Banker River Valley,
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7000130