508 Dupont Ave NERenvilleMN56284
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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 Renville at 508 Dupont Ave NE, Renville, MN, 56284 at $179,900 posts ROI 30.7% with $536/mo cash flow from $1,660/mo rent. Total monthly income equals $1,660/mo, and annual cash flow records $6,434/yr on $59,637 to close. Return on cash invested measures 30.7% and rental yield reads 11.07% at the current $179,900. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 by year five. Five-year ROI prints 160.83% and total cumulative return in cash totals $95,913.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,660/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56284, Renville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 873 (100%) |
| Owner Occupied HU | 579 (66.3%) |
| Renter Occupied HU | 201 (23.0%) |
| Vacant Housing Units | 93 (10.7%) |
| Median Home Value | $175,313 |
| Average Home Value | $228,765 |
Housing Distribution
Address Breakdown
Residential
388
Single Family
320
Multi-Family
68
Businesses
51
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