724 S Marshall AveLitchfieldMN55355
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 Litchfield at 724 S Marshall Ave, Litchfield, MN, 55355 at $299,900 posts ROI 20.33% with $35/mo cash flow from $1,908/mo rent. Total monthly income equals $1,908/mo, and annual cash flow records $422/yr on $99,417 to close. Return on cash invested measures 20.33% and rental yield reads 7.63% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 105.22% and total cumulative return in cash totals $104,608.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,908/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1914
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55355, Litchfield, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,434 (100%) |
| Owner Occupied HU | 2,995 (67.5%) |
| Renter Occupied HU | 944 (21.3%) |
| Vacant Housing Units | 495 (11.2%) |
| Median Home Value | $243,584 |
| Average Home Value | $300,728 |
Housing Distribution
Address Breakdown
Residential
4,146
Single Family
3,742
Multi-Family
404
Businesses
386
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Listed by: Shirley A Neighbors • RE/MAX Today's Properties
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6821067