513 S 7th St APT DLa CrescentMN55947
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
Rental property for sale in La Crescent at 513 S 7th St APT D, La Crescent, MN, 55947 priced at $174,999 converts $870/mo rent into after a $857/mo obligation. Total monthly income equals $870/mo. Return on cash invested prints 13.22% in year one, and rental yield reads 5.97% against a $174,999 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 67.82% and total cumulative return in cash sums $39,343. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $870/mo property income covering a $857/mo payment, not borrower’s personal income.
Townhouse
Built in 1986
435.60 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55947, La Crescent, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,374 (100%) |
| Owner Occupied HU | 2,497 (74.0%) |
| Renter Occupied HU | 643 (19.1%) |
| Vacant Housing Units | 234 ( 6.9%) |
| Median Home Value | $303,099 |
| Average Home Value | $340,467 |
Housing Distribution
Address Breakdown
Residential
3,251
Single Family
3,085
Multi-Family
166
Businesses
173
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adam Weissenberger • Coldwell Banker River Valley, REALTORS
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6693663
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-01 10:43:06 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://static1.squarespace.com/static/56c4eea9d51cd483819dae7b/t/56cbe7e32fe13151e10e6b3d/1456203748061/EULA.pdf)