530 Forest StKenyonMN55946
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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 Kenyon at 530 Forest St, Kenyon, MN, 55946 generates $1,664/mo in rent and, after a $1,125/mo payment, leaves $229/mo in cash flow. Total monthly income is $1,664/mo, and annual cash flow is $2,744/yr on $76,212 invested. Return on cash invested sits at 23.51% in year one, and rental yield is 8.69% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 122.23% and total cumulative return in cash sums $93,155. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,664/mo property income rather than buyer’s personal income.
Single Family
Built in 1911
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55946, Kenyon, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,498 (100%) |
| Owner Occupied HU | 1,150 (76.8%) |
| Renter Occupied HU | 246 (16.4%) |
| Vacant Housing Units | 102 ( 6.8%) |
| Median Home Value | $289,873 |
| Average Home Value | $347,687 |
Housing Distribution
Address Breakdown
Residential
1,370
Single Family
1,306
Multi-Family
64
Businesses
77
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Listed by: Jared Weyant • Edina Realty, Inc.
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6604955
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