630 Mooers Ave SECokatoMN55321
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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 Cokato at 630 Mooers Ave SE, Cokato, MN, 55321 with 5% annual appreciation on a $249,900 basis while $2,450/mo rent supports operations. Total monthly income totals $2,450/mo and a $1,223/mo payment preserves $890/mo for cash returns. Annual cash flow comes to $10,676/yr on $82,842 deployed, and return on cash invested reaches 32.8% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 11.76%. Five-year ROI measures 172.03% and total cumulative return in cash totals $142,514.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,450/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55321, Cokato, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,991 (100%) |
| Owner Occupied HU | 1,392 (69.9%) |
| Renter Occupied HU | 461 (23.2%) |
| Vacant Housing Units | 138 ( 6.9%) |
| Median Home Value | $332,773 |
| Average Home Value | $376,708 |
Housing Distribution
Address Breakdown
Residential
1,632
Single Family
1,443
Multi-Family
189
Businesses
176
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