707 Council CtEllendaleMN56026
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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
Rental property for sale in Ellendale at 707 Council Ct, Ellendale, MN, 56026 priced at $329,900 pairs $1,544/mo rent with after a $1,615/mo payment. Total monthly income equals $1,544/mo. Return on cash invested is 14.24% in year one, and rental yield stands at 5.62% on a $329,900 basis. Equity gained on principal adds $2,129/yr, and 5% annual appreciation accumulates to $91,145 by year five. Five-year ROI measures 72.54% and total cumulative return in cash reaches $79,335. For financing, Ziffy Mortgage’s DSCR program evaluates $1,544/mo property income against a $1,615/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1064
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56026, Ellendale, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 916 (100%) |
| Owner Occupied HU | 686 (74.9%) |
| Renter Occupied HU | 136 (14.8%) |
| Vacant Housing Units | 94 (10.3%) |
| Median Home Value | $306,011 |
| Average Home Value | $350,394 |
Housing Distribution
Address Breakdown
Residential
726
Single Family
687
Multi-Family
39
Businesses
39
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