520 Central Ave NBrootenMN56316
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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 Brooten at 520 Central Ave N, Brooten, MN, 56316 generates $1,459/mo in rent and, after a $974/mo payment, leaves $216/mo in cash flow. Total monthly income is $1,459/mo, and annual cash flow is $2,596/yr on $65,969 invested. Return on cash invested sits at 23.84% in year one, and rental yield is 8.8% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 124.07% and total cumulative return in cash sums $81,846. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,459/mo property income rather than buyer’s personal income.
Single Family
Built in 1905
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56316, Brooten, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 712 (100%) |
| Owner Occupied HU | 490 (68.8%) |
| Renter Occupied HU | 121 (17.0%) |
| Vacant Housing Units | 101 (14.2%) |
| Median Home Value | $329,167 |
| Average Home Value | $436,403 |
Housing Distribution
Address Breakdown
Residential
435
Single Family
413
Multi-Family
22
Businesses
45
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