515 Benzel Ave SWMadeliaMN56062
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 Madelia at 515 Benzel Ave SW, Madelia, MN, 56062 at $228,000 posts ROI 23.42% with $221/mo cash flow from $1,645/mo rent. Total monthly income equals $1,645/mo, and annual cash flow records $2,654/yr on $75,582 to close. Return on cash invested measures 23.42% and rental yield reads 8.66% at the current $228,000. Equity gained on principal adds $1,471/yr, and 5% annual appreciation supports $62,992 by year five. Five-year ROI prints 121.81% and total cumulative return in cash totals $92,067.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,645/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1890
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56062, Madelia, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,310 (100%) |
| Owner Occupied HU | 862 (65.8%) |
| Renter Occupied HU | 336 (25.6%) |
| Vacant Housing Units | 112 ( 8.5%) |
| Median Home Value | $192,910 |
| Average Home Value | $241,589 |
Housing Distribution
Address Breakdown
Residential
1,306
Single Family
1,132
Multi-Family
174
Businesses
101
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