619 W 5th StLitchfieldMN55355
Nearby investment properties with comparable rents
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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
Rental property for sale in Litchfield at 619 W 5th St, Litchfield, MN, 55355 generates $1,694/mo in rent and, after a $1,057/mo payment, leaves $345/mo in cash flow. Total monthly income is $1,694/mo, and annual cash flow is $4,145/yr on $71,604 invested. Return on cash invested sits at 25.7% in year one, and rental yield is 9.41% on a $216,000 entry. Equity gained on principal adds $1,394/yr, while 5% annual appreciation builds toward $59,677 over five years. Five-year ROI reaches 133.99% and total cumulative return in cash sums $95,943. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,694/mo property income rather than buyer’s personal income.
Single Family
Built in 1941
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55355, Litchfield, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,434 (100%) |
| Owner Occupied HU | 2,995 (67.5%) |
| Renter Occupied HU | 944 (21.3%) |
| Vacant Housing Units | 495 (11.2%) |
| Median Home Value | $243,584 |
| Average Home Value | $300,728 |
Housing Distribution
Address Breakdown
Residential
4,146
Single Family
3,742
Multi-Family
404
Businesses
386
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