5181 Fish Hook Dr SW #4AlexandriaMN56308
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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 Alexandria at 5181 Fish Hook Dr SW #4, Alexandria, MN, 56308 uses $62,985 cash to close to unlock $2,598/yr annual cash flow and $217/mo monthly cash flow. Total monthly income runs $1,403/mo, and a $930/mo payment keeps the spread at $217/mo. Purchase price stands at $190,000, and rental yield measures 8.86% with $1,403/mo rent. Return on cash invested shows 24.03% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 125.08% and total cumulative return in cash records $78,780. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,403/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56308, Alexandria, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,200 (100%) |
| Owner Occupied HU | 8,370 (55.1%) |
| Renter Occupied HU | 3,626 (23.9%) |
| Vacant Housing Units | 3,204 (21.1%) |
| Median Home Value | $381,523 |
| Average Home Value | $429,357 |
Housing Distribution
Address Breakdown
Residential
13,430
Single Family
10,722
Multi-Family
2,708
Businesses
1,290
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Listed by: N/A • N/A
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