714 Lyndale AveMorrisMN56267
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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 Morris at 714 Lyndale Ave, Morris, MN, 56267 priced at $130,000 pairs $996/mo rent with $185/mo cash flow after a $636/mo payment. Total monthly income equals $996/mo, and annual cash flow comes to $2,214/yr on $43,095 invested. Return on cash invested is 25.05% in year one, and rental yield stands at 9.19% on a $130,000 basis. Equity gained on principal adds $839/yr, and 5% annual appreciation accumulates to $35,917 by year five. Five-year ROI measures 130.52% and total cumulative return in cash reaches $56,247. For financing, Ziffy Mortgage’s DSCR program evaluates $996/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56267, Morris, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,997 (100%) |
| Owner Occupied HU | 1,589 (53.0%) |
| Renter Occupied HU | 1,041 (34.7%) |
| Vacant Housing Units | 367 (12.2%) |
| Median Home Value | $262,671 |
| Average Home Value | $312,373 |
Housing Distribution
Address Breakdown
Residential
2,810
Single Family
2,178
Multi-Family
632
Businesses
344
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