605 Lincoln St SEPrestonMN55965
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 Preston at 605 Lincoln St SE, Preston, MN, 55965 earns $218/mo cash flow from $1,154/mo rent with a $734/mo payment. Total monthly income totals $1,154/mo, and annual cash flow totals $2,610/yr on $49,725 capital. ROI tracks 25.16% on current figures, and rental yield reads 9.23% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 131.08% and total cumulative return in cash sums $65,178. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,154/mo property income instead of your personal income.
Single Family
Built in 1927
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55965, Preston, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,216 (100%) |
| Owner Occupied HU | 861 (70.8%) |
| Renter Occupied HU | 220 (18.1%) |
| Vacant Housing Units | 135 (11.1%) |
| Median Home Value | $307,554 |
| Average Home Value | $419,019 |
Housing Distribution
Address Breakdown
Residential
910
Single Family
873
Multi-Family
37
Businesses
116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices