7041 403rd AveJanesvilleMN56048
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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
Total monthly income runs $1,662/mo, and a $1,590/mo payment. Purchase price stands at $324,900, and rental yield measures 6.14% with $1,662/mo rent. Return on cash invested shows 15.82% in year one, and 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 81.03% and total cumulative return in cash records $87,269. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,662/mo property income covering a $1,590/mo payment rather than investor’s personal income.
Single Family
Built in 1900
3.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56048, Janesville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,677 (100%) |
| Owner Occupied HU | 1,322 (78.8%) |
| Renter Occupied HU | 252 (15.0%) |
| Vacant Housing Units | 103 ( 6.1%) |
| Median Home Value | $267,200 |
| Average Home Value | $298,837 |
Housing Distribution
Address Breakdown
Residential
1,459
Single Family
1,368
Multi-Family
91
Businesses
84
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Listed by: Robbie Krengel • Action Realty Of Mankato
Mls Name: RASM
Mls ID: #7038715