530 Nelson CtCenter CityMN55012
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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 Center City at 530 Nelson Ct, Center City, MN, 55012 priced at $299,900 pairs $2,672/mo rent with $799/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,672/mo, and annual cash flow comes to $9,590/yr on $99,417 invested. Return on cash invested is 29.55% in year one, and rental yield stands at 10.69% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 154.67% and total cumulative return in cash reaches $153,772. For financing, Ziffy Mortgage’s DSCR program evaluates $2,672/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55012, Center City, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 801 (100%) |
| Owner Occupied HU | 656 (81.9%) |
| Renter Occupied HU | 81 (10.1%) |
| Vacant Housing Units | 64 ( 8.0%) |
| Median Home Value | $420,946 |
| Average Home Value | $468,975 |
Housing Distribution
Address Breakdown
Residential
766
Single Family
742
Multi-Family
24
Businesses
66
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Listed by: Jennifer Oseth • Real Broker, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6817949