750 Prairie Ave SECokatoMN55321
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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 Cokato at 750 Prairie Ave SE, Cokato, MN, 55321 listed at $274,900 pairs $1,945/mo rent with a $1,346/mo payment to leave $229/mo cash flow. Total monthly income runs $1,945/mo, and annual cash flow reaches $2,747/yr on $91,129 cash to close. Return on cash invested measures 22.92% in year one, and rental yield registers 8.49% at a $274,900 basis. Equity gained on principal adds $1,774/yr, and annual property appreciation at 5% supports $75,950 by year five. Five-year ROI tracks 119.07% and total cumulative return in cash totals $108,507. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,945/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1974
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55321, Cokato, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,991 (100%) |
| Owner Occupied HU | 1,392 (69.9%) |
| Renter Occupied HU | 461 (23.2%) |
| Vacant Housing Units | 138 ( 6.9%) |
| Median Home Value | $332,773 |
| Average Home Value | $376,708 |
Housing Distribution
Address Breakdown
Residential
1,632
Single Family
1,443
Multi-Family
189
Businesses
176
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