612 S 11th 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 612 S 11th St, Olivia, MN, 56277 offers a 11.62% rental yield on a $275,000 purchase with $2,663/mo rent. Total monthly income registers $2,663/mo, and a $1,346/mo payment leaves $946/mo available for distribution. Annual cash flow reaches $11,349/yr on $91,163 to close, and return on cash invested stands at 32.36% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 169.69% and total cumulative return in cash at $154,691. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,663/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
7,492 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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