608 3rd Ave NWDodge CenterMN55927
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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 Dodge Center at 608 3rd Ave NW, Dodge Center, MN, 55927 listed at $294,200 pairs $1,664/mo rent with a $1,440/mo payment. Total monthly income runs $1,664/mo. Return on cash invested measures 17.78% in year one, and rental yield registers 6.79% at a $294,200 basis. Equity gained on principal adds $1,898/yr, and annual property appreciation at 5% supports $81,282 by year five. Five-year ROI tracks 91.49% and total cumulative return in cash totals $89,223. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,664/mo property income relative to a $1,440/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1948
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55927, Dodge Center, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,663 (100%) |
| Owner Occupied HU | 1,256 (75.5%) |
| Renter Occupied HU | 311 (18.7%) |
| Vacant Housing Units | 96 ( 5.8%) |
| Median Home Value | $295,982 |
| Average Home Value | $347,697 |
Housing Distribution
Address Breakdown
Residential
1,595
Single Family
1,459
Multi-Family
136
Businesses
129
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Listed by: N/A • N/A
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Mls ID: #N/A