750 Morrison Ave SAnnandaleMN55302
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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 Annandale at 750 Morrison Ave S, Annandale, MN, 55302 with 5% annual appreciation on a $309,900 basis while $2,719/mo rent supports operations. Total monthly income totals $2,719/mo and a $1,517/mo payment preserves $784/mo for cash returns. Annual cash flow comes to $9,404/yr on $102,732 deployed, and return on cash invested reaches 29.06% in year one. Equity gained on principal adds $2,000/yr, and five-year appreciation sums $85,620 alongside rental yield of 10.53%. Five-year ROI measures 152.02% and total cumulative return in cash totals $156,168.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,719/mo property income versus a $1,517/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55302, Annandale, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,240 (100%) |
| Owner Occupied HU | 2,701 (63.7%) |
| Renter Occupied HU | 487 (11.5%) |
| Vacant Housing Units | 1,052 (24.8%) |
| Median Home Value | $457,950 |
| Average Home Value | $488,936 |
Housing Distribution
Address Breakdown
Residential
3,257
Single Family
3,042
Multi-Family
215
Businesses
221
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