52611 223rd PlMcGregorMN55760
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 McGregor at 52611 223rd Pl, McGregor, MN, 55760 offers a 3.41% rental yield on a $525,000 purchase with $1,490/mo rent. 63% in year one. Equity gained on principal adds $3,388/yr while 5% annual appreciation supports $145,048 over five years. Portfolio math shows five-year ROI at 37.07% and total cumulative return in cash at $64,029. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,490/mo property income against a $2,570/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55760, Mcgregor, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,322 (100%) |
| Owner Occupied HU | 1,138 (34.3%) |
| Renter Occupied HU | 229 ( 6.9%) |
| Vacant Housing Units | 1,955 (58.9%) |
| Median Home Value | $297,945 |
| Average Home Value | $355,991 |
Housing Distribution
Address Breakdown
Residential
1,689
Single Family
1,641
Multi-Family
48
Businesses
128
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Nearby investment properties with comparable prices
Listed by: Kari Elizabeth Horbacz • Statement Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6757871
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