711 E Grandview AveRushfordMN55971
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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 Rushford at 711 E Grandview Ave, Rushford, MN, 55971 offers $1,538/mo rent that, after a $905/mo payment, leaves $383/mo cash flow. Total monthly income is $1,538/mo, and annual cash flow is $4,601/yr on $61,294 cash. Return on cash invested measures 27.41% in year one, and rental yield stands at 9.98% at a $184,900 entry. Equity gained on principal adds $1,193/yr while 5% annual appreciation compounds into $51,084 by year five. Five-year ROI records 143.22% and total cumulative return in cash reaches $87,787. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,538/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55971, Rushford, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,315 (100%) |
| Owner Occupied HU | 968 (73.6%) |
| Renter Occupied HU | 249 (18.9%) |
| Vacant Housing Units | 98 ( 7.5%) |
| Median Home Value | $247,015 |
| Average Home Value | $341,180 |
Housing Distribution
Address Breakdown
Residential
1,151
Single Family
1,115
Multi-Family
36
Businesses
115
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