5181 Fish Hook Dr SW #52AlexandriaMN56308
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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 #52, Alexandria, MN, 56308 offers a 9.14% rental yield on a $126,900 purchase with $967/mo rent. Total monthly income registers $967/mo, and a $621/mo payment leaves $175/mo available for distribution. Annual cash flow reaches $2,096/yr on $42,067 to close, and return on cash invested stands at 24.89% in year one. Equity gained on principal adds $819/yr while 5% annual appreciation supports $35,060 over five years. Portfolio math shows five-year ROI at 129.68% and total cumulative return in cash at $54,553. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $967/mo property income against a $621/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2013
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: G.G. Thang • Kvale Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6753716