709 Mlinar AveSpring ValleyMN55975
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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 Spring Valley at 709 Mlinar Ave, Spring Valley, MN, 55975 earns from $870/mo rent with a $1,468/mo payment. Total monthly income totals $870/mo. ROI tracks 7.8% on current figures, and rental yield reads 3.48% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 38.04% and total cumulative return in cash sums $37,816. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $870/mo property income instead of your personal income.
Single Family
Built in 2001
10,018 sqft 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
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Listed by: Matthew Fowler • Fowler Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6789554