61528 248th AveMantorvilleMN55955
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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 Mantorville at 61528 248th Ave, Mantorville, MN, 55955 uses $192,465 cash to close to unlock $399/yr annual cash flow and $33/mo monthly cash flow. Total monthly income runs $3,686/mo, and a $2,863/mo payment keeps the spread at $33/mo. Purchase price stands at $585,000, and rental yield measures 7.56% with $3,686/mo rent. Return on cash invested shows 20.27% in year one, and 5% annual appreciation builds toward $161,625 over five years. Five-year ROI reaches 104.82% and total cumulative return in cash records $201,750. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,686/mo property income covering a $2,863/mo payment rather than investor’s personal income.
Single Family
Built in 2001
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55955, Mantorville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,081 (100%) |
| Owner Occupied HU | 970 (89.7%) |
| Renter Occupied HU | 77 ( 7.1%) |
| Vacant Housing Units | 34 ( 3.1%) |
| Median Home Value | $419,108 |
| Average Home Value | $434,804 |
Housing Distribution
Address Breakdown
Residential
896
Single Family
896
Multi-Family
0
Businesses
45
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Listed by: Megan Hobson • Property Brokers of Minnesota
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6813599