700 S Section AveSpring ValleyMN55975
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
Rental property for sale in Spring Valley at 700 S Section Ave, Spring Valley, MN, 55975 offers $870/mo rent that, after a $1,101/mo payment. Total monthly income is $870/mo. Return on cash invested measures 11.3% in year one, and rental yield stands at 4.64% at a $224,900 entry. Equity gained on principal adds $1,451/yr while 5% annual appreciation compounds into $62,136 by year five. Five-year ROI records 56.8% and total cumulative return in cash reaches $42,349. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $870/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1905
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55975, Spring Valley, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,961 (100%) |
| Owner Occupied HU | 1,476 (75.3%) |
| Renter Occupied HU | 338 (17.2%) |
| Vacant Housing Units | 147 ( 7.5%) |
| Median Home Value | $244,819 |
| Average Home Value | $301,804 |
Housing Distribution
Address Breakdown
Residential
1,863
Single Family
1,753
Multi-Family
110
Businesses
135
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Darin Beyer • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6808171