719 9th St EGlencoeMN55336
Nearby investment properties with comparable rents
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
Investment property for sale in Glencoe at 719 9th St E, Glencoe, MN, 55336 earns $625/mo cash flow from $2,118/mo rent with a $1,170/mo payment. Total monthly income totals $2,118/mo, and annual cash flow totals $7,504/yr on $79,229 capital. ROI tracks 29.38% on current figures, and rental yield reads 10.63% at a $239,000 purchase. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 over five years. Five-year ROI reaches 153.73% and total cumulative return in cash sums $121,800. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,118/mo property income instead of your personal income.
Single Family
Built in 1946
0.07 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55336, Glencoe, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,599 (100%) |
| Owner Occupied HU | 2,583 (71.8%) |
| Renter Occupied HU | 802 (22.3%) |
| Vacant Housing Units | 214 ( 5.9%) |
| Median Home Value | $279,570 |
| Average Home Value | $324,881 |
Housing Distribution
Address Breakdown
Residential
3,497
Single Family
3,062
Multi-Family
435
Businesses
277
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Nearby investment properties with comparable prices
Listed by: Gregory W Lawrence • HomeAvenue Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6725676
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