601 Lafayette Ave SFuldaMN56131
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 Fulda at 601 Lafayette Ave S, Fulda, MN, 56131 at $299,900 posts ROI 13.5% with from $1,342/mo rent. Total monthly income equals $1,342/mo. Return on cash invested measures 13.5% and rental yield reads 5.37% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 68.6% and total cumulative return in cash totals $68,200. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,342/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1991
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56131, Fulda, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,042 (100%) |
| Owner Occupied HU | 759 (72.8%) |
| Renter Occupied HU | 194 (18.6%) |
| Vacant Housing Units | 89 ( 8.5%) |
| Median Home Value | $221,402 |
| Average Home Value | $341,700 |
Housing Distribution
Address Breakdown
Residential
842
Single Family
778
Multi-Family
64
Businesses
70
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Nearby investment properties with comparable prices
Listed by: Davi G. Bullerman • Johnson Builders & Realty Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6766766
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