630 Swanson Ave SECokatoMN55321
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Swanson Ave SE, Cokato, MN, 55321 with 5% annual appreciation on a $230,000 basis while $1,535/mo rent supports operations. Total monthly income totals $1,535/mo and a $1,126/mo payment preserves $99/mo for cash returns. Annual cash flow comes to $1,182/yr on $76,245 deployed, and return on cash invested reaches 21.46% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,545 alongside rental yield of 8.01%. Five-year ROI measures 111.25% and total cumulative return in cash totals $84,823.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,535/mo property income versus a $1,126/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1926
0.29 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices