509 E 1st StMinneotaMN56264
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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 Minneota at 509 E 1st St, Minneota, MN, 56264 listed at $374,200 pairs $3,180/mo rent with a $1,832/mo payment to leave $781/mo cash flow. Total monthly income runs $3,180/mo, and annual cash flow reaches $9,377/yr on $124,047 cash to close. Return on cash invested measures 27.47% in year one, and rental yield registers 10.2% at a $374,200 basis. Equity gained on principal adds $2,415/yr, and annual property appreciation at 5% supports $103,385 by year five. Five-year ROI tracks 143.68% and total cumulative return in cash totals $178,228. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,180/mo property income relative to a $1,832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56264, Minneota, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 927 (100%) |
| Owner Occupied HU | 691 (74.5%) |
| Renter Occupied HU | 147 (15.9%) |
| Vacant Housing Units | 89 ( 9.6%) |
| Median Home Value | $221,627 |
| Average Home Value | $250,868 |
Housing Distribution
Address Breakdown
Residential
766
Single Family
705
Multi-Family
61
Businesses
55
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