728 5th Ave NESleepy EyeMN56085
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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 Sleepy Eye at 728 5th Ave NE, Sleepy Eye, MN, 56085 offers a 11.28% rental yield on a $270,000 purchase with $2,537/mo rent. Total monthly income registers $2,537/mo, and a $1,322/mo payment leaves $851/mo available for distribution. Annual cash flow reaches $10,206/yr on $89,505 to close, and return on cash invested stands at 31.31% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 164.09% and total cumulative return in cash at $146,869. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,537/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56085, Sleepy Eye, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,384 (100%) |
| Owner Occupied HU | 1,727 (72.4%) |
| Renter Occupied HU | 436 (18.3%) |
| Vacant Housing Units | 221 ( 9.3%) |
| Median Home Value | $206,740 |
| Average Home Value | $302,846 |
Housing Distribution
Address Breakdown
Residential
2,286
Single Family
2,043
Multi-Family
243
Businesses
164
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Listed by: DEBRA FISCHER • Mages Land Co & Auction Service LLC Sleepy Eye
Mls Name: RASM
Mls Provider:
Mls ID: #7038209
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, REALTOR Association of Southern MN. All Rights Reserved. Last Updated: 2025-10-29 02:34:50 PDT