705 Hokah STREET NORTH NorthCaledoniaMN55921
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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 Caledonia at 705 Hokah STREET NORTH North, Caledonia, MN, 55921 at $249,900 posts ROI 21.37% with $101/mo cash flow from $1,661/mo rent. Total monthly income equals $1,661/mo, and annual cash flow records $1,208/yr on $82,842 to close. Return on cash invested measures 21.37% and rental yield reads 7.98% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 110.74% and total cumulative return in cash totals $91,742.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,661/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1990
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55921, Caledonia, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,173 (100%) |
| Owner Occupied HU | 1,568 (72.2%) |
| Renter Occupied HU | 418 (19.2%) |
| Vacant Housing Units | 187 ( 8.6%) |
| Median Home Value | $221,538 |
| Average Home Value | $281,610 |
Housing Distribution
Address Breakdown
Residential
2,006
Single Family
1,881
Multi-Family
125
Businesses
177
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Listed by: Kelly Meyer • Keller Williams Premier Realty MN
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1909816
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.