606 S 10th StOliviaMN56277
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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
Investment property for sale in Olivia at 606 S 10th St, Olivia, MN, 56277 listed at $255,000 pairs $2,405/mo rent with a $1,248/mo payment to leave $813/mo cash flow. Total monthly income runs $2,405/mo, and annual cash flow reaches $9,753/yr on $84,533 cash to close. Return on cash invested measures 31.45% in year one, and rental yield registers 11.32% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 164.78% and total cumulative return in cash totals $139,292. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,405/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
0.26 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56277, Olivia, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,418 (100%) |
| Owner Occupied HU | 905 (63.8%) |
| Renter Occupied HU | 369 (26.0%) |
| Vacant Housing Units | 144 (10.2%) |
| Median Home Value | $226,480 |
| Average Home Value | $261,130 |
Housing Distribution
Address Breakdown
Residential
1,331
Single Family
1,143
Multi-Family
188
Businesses
207
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