59902 278th StLitchfieldMN55355
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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
Total monthly income runs $2,032/mo, and a $1,610/mo payment. Purchase price stands at $329,000, and rental yield measures 7.41% with $2,032/mo rent. Return on cash invested shows 19.67% in year one, and 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 101.61% and total cumulative return in cash records $110,817. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,032/mo property income covering a $1,610/mo payment rather than investor’s personal income.
Single Family
Built in 1969
1.02 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
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Listed by: Michaelee Jenkins • RE/MAX Advantage Plus
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6793642