60 N 3rd StMcGregorMN55760
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 McGregor at 60 N 3rd St, McGregor, MN, 55760 with 5% annual appreciation on a $151,500 basis while $2,140/mo rent supports operations. Total monthly income totals $2,140/mo and a $742/mo payment preserves $1,193/mo for cash returns. Annual cash flow comes to $14,322/yr on $50,222 deployed, and return on cash invested reaches 48.43% in year one. Equity gained on principal adds $978/yr, and five-year appreciation sums $41,857 alongside rental yield of 16.95%. Five-year ROI measures 255.9% and total cumulative return in cash totals $128,517.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,140/mo property income versus a $742/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1981
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55760, Mcgregor, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,322 (100%) |
| Owner Occupied HU | 1,138 (34.3%) |
| Renter Occupied HU | 229 ( 6.9%) |
| Vacant Housing Units | 1,955 (58.9%) |
| Median Home Value | $297,945 |
| Average Home Value | $355,991 |
Housing Distribution
Address Breakdown
Residential
1,689
Single Family
1,641
Multi-Family
48
Businesses
128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices