511 Dakota Ave WGilbertMN55741
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 Gilbert at 511 Dakota Ave W, Gilbert, MN, 55741 at $460,100 posts ROI 23.42% with $446/mo cash flow from $3,319/mo rent. Total monthly income equals $3,319/mo, and annual cash flow records $5,350/yr on $152,523 to close. Return on cash invested measures 23.42% and rental yield reads 8.66% at the current $460,100. Equity gained on principal adds $2,969/yr, and 5% annual appreciation supports $127,117 by year five. Five-year ROI prints 121.72% and total cumulative return in cash totals $185,649.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,319/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55741, Gilbert, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,775 (100%) |
| Owner Occupied HU | 1,247 (70.3%) |
| Renter Occupied HU | 204 (11.5%) |
| Vacant Housing Units | 324 (18.3%) |
| Median Home Value | $258,913 |
| Average Home Value | $279,970 |
Housing Distribution
Address Breakdown
Residential
977
Single Family
977
Multi-Family
0
Businesses
70
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