540 N State AveLe CenterMN56057
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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 Le Center at 540 N State Ave, Le Center, MN, 56057 listed at $309,900 pairs $2,857/mo rent with a $1,517/mo payment to leave $846/mo cash flow. Total monthly income runs $2,857/mo, and annual cash flow reaches $10,155/yr on $102,732 cash to close. Return on cash invested measures 29.79% in year one, and rental yield registers 11.06% at a $309,900 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,620 by year five. Five-year ROI tracks 156.27% and total cumulative return in cash totals $160,536. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,857/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56057, Le Center, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,639 (100%) |
| Owner Occupied HU | 1,212 (73.9%) |
| Renter Occupied HU | 335 (20.4%) |
| Vacant Housing Units | 92 ( 5.6%) |
| Median Home Value | $307,576 |
| Average Home Value | $354,858 |
Housing Distribution
Address Breakdown
Residential
1,585
Single Family
1,422
Multi-Family
163
Businesses
140
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Listed by: Mason Holecek • True Real Estate
Mls Name: RASM
Mls Provider:
Mls ID: #7036544
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, REALTOR Association of Southern MN. All Rights Reserved. Last Updated: 2025-02-21 22:15:34 PST