714 5th Ave EAlexandriaMN56308
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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
Investment property for sale in Alexandria at 714 5th Ave E, Alexandria, MN, 56308 listed at $174,900 pairs $1,940/mo rent with a $856/mo payment to leave $848/mo cash flow. Total monthly income runs $1,940/mo, and annual cash flow reaches $10,175/yr on $57,979 cash to close. Return on cash invested measures 37.46% in year one, and rental yield registers 13.31% at a $174,900 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,322 by year five. Five-year ROI tracks 197.01% and total cumulative return in cash totals $114,228. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,940/mo property income relative to a $856/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1902
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56308, Alexandria, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,200 (100%) |
| Owner Occupied HU | 8,370 (55.1%) |
| Renter Occupied HU | 3,626 (23.9%) |
| Vacant Housing Units | 3,204 (21.1%) |
| Median Home Value | $381,523 |
| Average Home Value | $429,357 |
Housing Distribution
Address Breakdown
Residential
13,430
Single Family
10,722
Multi-Family
2,708
Businesses
1,290
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Nearby investment properties with comparable prices
Listed by: Scott R Seidl • Alexandria Property Group
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6720325
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