679 Marsh DrDelanoMN55328
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 Delano at 679 Marsh Dr, Delano, MN, 55328 offers a 8.72% rental yield on a $424,300 purchase with $3,085/mo rent. Total monthly income registers $3,085/mo, and a $2,077/mo payment leaves $415/mo available for distribution. Annual cash flow reaches $4,980/yr on $140,655 to close, and return on cash invested stands at 23.45% in year one. Equity gained on principal adds $2,738/yr while 5% annual appreciation supports $117,226 over five years. Portfolio math shows five-year ROI at 121.99% and total cumulative return in cash at $171,589. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,085/mo property income against a $2,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55328, Delano, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,088 (100%) |
| Owner Occupied HU | 3,325 (81.3%) |
| Renter Occupied HU | 603 (14.8%) |
| Vacant Housing Units | 160 ( 3.9%) |
| Median Home Value | $440,909 |
| Average Home Value | $499,955 |
Housing Distribution
Address Breakdown
Residential
3,819
Single Family
3,446
Multi-Family
373
Businesses
293
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