526 S Minnesota StRedwood FallsMN56283
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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 Redwood Falls at 526 S Minnesota St, Redwood Falls, MN, 56283 at $109,000 posts ROI 26.31% with $193/mo cash flow from $874/mo rent. Total monthly income equals $874/mo, and annual cash flow records $2,314/yr on $36,134 to close. Return on cash invested measures 26.31% and rental yield reads 9.62% at the current $109,000. Equity gained on principal adds $703/yr, and 5% annual appreciation supports $30,115 by year five. Five-year ROI prints 137.28% and total cumulative return in cash totals $49,606.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $874/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1912
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56283, Redwood Falls, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,041 (100%) |
| Owner Occupied HU | 1,951 (64.2%) |
| Renter Occupied HU | 783 (25.7%) |
| Vacant Housing Units | 307 (10.1%) |
| Median Home Value | $215,722 |
| Average Home Value | $280,286 |
Housing Distribution
Address Breakdown
Residential
2,963
Single Family
2,551
Multi-Family
412
Businesses
317
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Listed by: Paia Wiese • Minnesota Lands and Homes Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6815425