717 Blaine StRed WingMN55066
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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
Rental property for sale in Red Wing at 717 Blaine St, Red Wing, MN, 55066 priced at $235,000 converts $2,220/mo rent into $753/mo cash flow after a $1,150/mo obligation. Total monthly income equals $2,220/mo, and annual cash flow totals $9,033/yr on $77,903 invested. Return on cash invested prints 31.5% in year one, and rental yield reads 11.34% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 165.1% and total cumulative return in cash sums $128,620. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,220/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Single Family
Built in 1938
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55066, Red Wing, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,639 (100%) |
| Owner Occupied HU | 5,722 (66.2%) |
| Renter Occupied HU | 2,426 (28.1%) |
| Vacant Housing Units | 491 ( 5.7%) |
| Median Home Value | $299,791 |
| Average Home Value | $345,687 |
Housing Distribution
Address Breakdown
Residential
8,540
Single Family
6,971
Multi-Family
1,569
Businesses
699
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