712 Memorial DrSpring ValleyMN55975
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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 Spring Valley at 712 Memorial Dr, Spring Valley, MN, 55975 offers $1,835/mo rent that, after a $1,065/mo payment, leaves $476/mo cash flow. Total monthly income is $1,835/mo, and annual cash flow is $5,716/yr on $72,101 cash. Return on cash invested measures 27.84% in year one, and rental yield stands at 10.12% at a $217,500 entry. Equity gained on principal adds $1,403/yr while 5% annual appreciation compounds into $60,091 by year five. Five-year ROI records 145.47% and total cumulative return in cash reaches $104,886. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,835/mo property income versus a $1,065/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1996
4,791 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: Jason Carey • Re/Max Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6808643