623 E Johnson AveWarrenMN56762
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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 Warren at 623 E Johnson Ave, Warren, MN, 56762 earns $352/mo cash flow from $1,226/mo rent with a $685/mo payment. Total monthly income totals $1,226/mo, and annual cash flow totals $4,224/yr on $46,410 capital. ROI tracks 29.01% on current figures, and rental yield reads 10.51% at a $139,999 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 151.7% and total cumulative return in cash sums $70,402. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,226/mo property income instead of your personal income.
Single Family
Built in 1946
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56762, Warren, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,076 (100%) |
| Owner Occupied HU | 719 (66.8%) |
| Renter Occupied HU | 235 (21.8%) |
| Vacant Housing Units | 122 (11.3%) |
| Median Home Value | $194,518 |
| Average Home Value | $217,090 |
Housing Distribution
Address Breakdown
Residential
1,135
Single Family
973
Multi-Family
162
Businesses
142
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Listed by: Britney Columbus • eXp Realty
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-685
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.