601 Park AveSacred HeartMN56285
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
Rental property for sale in Sacred Heart at 601 Park Ave, Sacred Heart, MN, 56285 generates $852/mo in rent and, after a $612/mo payment, leaves $71/mo in cash flow. Total monthly income is $852/mo, and annual cash flow is $855/yr on $41,438 invested. Return on cash invested sits at 21.97% in year one, and rental yield is 8.18% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 114.11% and total cumulative return in cash sums $47,285. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $852/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56285, Sacred Heart, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 529 (100%) |
| Owner Occupied HU | 402 (76.0%) |
| Renter Occupied HU | 72 (13.6%) |
| Vacant Housing Units | 55 (10.4%) |
| Median Home Value | $244,444 |
| Average Home Value | $274,925 |
Housing Distribution
Address Breakdown
Residential
298
Single Family
274
Multi-Family
24
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason Dowdey • Weichert REALTORS Tower Properties
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6784075