760 Falcon StAudubonMN56511
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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
Rental property for sale in Audubon at 760 Falcon St, Audubon, MN, 56511 priced at $124,900 converts $987/mo rent into $207/mo cash flow after a $611/mo obligation. Total monthly income equals $987/mo, and annual cash flow totals $2,489/yr on $41,404 invested. Return on cash invested prints 25.92% in year one, and rental yield reads 9.48% against a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation compiles into $34,508 by year five. Five-year ROI reaches 135.23% and total cumulative return in cash sums $55,990. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $987/mo property income covering a $611/mo payment, not borrower’s personal income.
Manufactured
Built in 1994
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56511, Audubon, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,353 (100%) |
| Owner Occupied HU | 783 (57.9%) |
| Renter Occupied HU | 121 ( 8.9%) |
| Vacant Housing Units | 449 (33.2%) |
| Median Home Value | $422,932 |
| Average Home Value | $472,526 |
Housing Distribution
Address Breakdown
Residential
908
Single Family
869
Multi-Family
39
Businesses
51
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