755 240th Ave SWAppletonMN56208
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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
Total monthly income runs $1,800/mo, and a $1,463/mo payment. Purchase price stands at $299,000, and rental yield measures 7.22% with $1,800/mo rent. Return on cash invested shows 19.1% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 98.62% and total cumulative return in cash records $97,750. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1998
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56208, Appleton, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,137 (100%) |
| Owner Occupied HU | 615 (54.1%) |
| Renter Occupied HU | 241 (21.2%) |
| Vacant Housing Units | 281 (24.7%) |
| Median Home Value | $111,890 |
| Average Home Value | $182,581 |
Housing Distribution
Address Breakdown
Residential
986
Single Family
864
Multi-Family
122
Businesses
92
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