56761 N State Highway 123AskovMN55704
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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 Askov at 56761 N State Highway 123, Askov, MN, 55704 earns from $2,471/mo rent with a $3,109/mo payment. Total monthly income totals $2,471/mo. ROI tracks 11.48% on current figures, and rental yield reads 4.67% at a $635,100 purchase. Equity gained on principal adds $4,098/yr, and 5% annual appreciation supports $175,466 over five years. Five-year ROI reaches 57.67% and total cumulative return in cash sums $120,508. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,471/mo property income instead of your personal income.
Single Family
Built in 1917
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55704, Askov, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 657 (100%) |
| Owner Occupied HU | 426 (64.8%) |
| Renter Occupied HU | 77 (11.7%) |
| Vacant Housing Units | 154 (23.4%) |
| Median Home Value | $256,250 |
| Average Home Value | $308,263 |
Housing Distribution
Address Breakdown
Residential
500
Single Family
500
Multi-Family
0
Businesses
28
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