507 Summit AveTracyMN56175
Nearby investment properties with comparable rents
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
Investment Highlights
Investment property for sale in Tracy at 507 Summit Ave, Tracy, MN, 56175 with 5% annual appreciation on a $145,000 basis while $2,077/mo rent supports operations. Total monthly income totals $2,077/mo and a $710/mo payment preserves $1,120/mo for cash returns. Annual cash flow comes to $13,445/yr on $48,068 deployed, and return on cash invested reaches 47.88% in year one. Equity gained on principal adds $936/yr, and five-year appreciation sums $40,061 alongside rental yield of 17.19%. Five-year ROI measures 253.44% and total cumulative return in cash totals $121,820.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,077/mo property income versus a $710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
0.28 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Taylor Onken • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6702594
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-27 23:03:14 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#28) By searching NorthstarMLS listings you agree to the [NorthstarMLS End User License Agreement](https://www.mlsgrid.com/s/RMLS-EULA.pdf)