612 Summit AveCenter CityMN55012
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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 Center City at 612 Summit Ave, Center City, MN, 55012 at $619,300 posts ROI 15.19% with from $3,040/mo rent. Total monthly income equals $3,040/mo. Return on cash invested measures 15.19% and rental yield reads 5.89% at the current $619,300. Equity gained on principal adds $3,996/yr, and 5% annual appreciation supports $171,101 by year five. Five-year ROI prints 77.57% and total cumulative return in cash totals $158,039. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,040/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55012, Center City, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 801 (100%) |
| Owner Occupied HU | 656 (81.9%) |
| Renter Occupied HU | 81 (10.1%) |
| Vacant Housing Units | 64 ( 8.0%) |
| Median Home Value | $420,946 |
| Average Home Value | $468,975 |
Housing Distribution
Address Breakdown
Residential
766
Single Family
742
Multi-Family
24
Businesses
66
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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