570th AveLitchfieldMN55355
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 Litchfield at 570th Ave, Litchfield, MN, 55355 at $399,900 posts ROI 16.49% with from $2,119/mo rent. Total monthly income equals $2,119/mo. Return on cash invested measures 16.49% and rental yield reads 6.36% at the current $399,900. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 by year five. Five-year ROI prints 84.6% and total cumulative return in cash totals $112,148. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,119/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1800
106.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55355, Litchfield, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,434 (100%) |
| Owner Occupied HU | 2,995 (67.5%) |
| Renter Occupied HU | 944 (21.3%) |
| Vacant Housing Units | 495 (11.2%) |
| Median Home Value | $243,584 |
| Average Home Value | $300,728 |
Housing Distribution
Address Breakdown
Residential
4,146
Single Family
3,742
Multi-Family
404
Businesses
386
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lynn G Hooper • Customer Driven Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6779294