509 E Main StDodge 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 509 E Main St, Dodge Center, MN, 55927 uses $49,692 cash to close to unlock $5,696/yr annual cash flow and $475/mo monthly cash flow. Total monthly income runs $1,411/mo, and a $734/mo payment keeps the spread at $475/mo. Purchase price stands at $149,900, and rental yield measures 11.3% with $1,411/mo rent. Return on cash invested shows 31.37% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 164.38% and total cumulative return in cash records $81,683. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,411/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.27 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: Tracy Petersohn • Tracy Sells LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6740210
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