513 W 3rd AveKeewatinMN55753
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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
Rental property for sale in Keewatin at 513 W 3rd Ave, Keewatin, MN, 55753 generates $0/mo in rent, after a $759/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.7% in year one, and rental yield is 0% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55753, Keewatin, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 500 (100%) |
| Owner Occupied HU | 326 (65.2%) |
| Renter Occupied HU | 109 (21.8%) |
| Vacant Housing Units | 65 (13.0%) |
| Median Home Value | $72,222 |
| Average Home Value | $97,661 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
36
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No similar rental properties found nearby.
Nearby investment properties with comparable prices