7680 Welcome RdNew GermanyMN55367
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 New Germany at 7680 Welcome Rd, New Germany, MN, 55367 uses $235,202 cash to close to unlock $215/yr annual cash flow and $18/mo monthly cash flow. Total monthly income runs $4,482/mo, and a $3,499/mo payment keeps the spread at $18/mo. Purchase price stands at $714,900, and rental yield measures 7.52% with $4,482/mo rent. Return on cash invested shows 20.15% in year one, and 5% annual appreciation builds toward $197,514 over five years. Five-year ROI reaches 104.17% and total cumulative return in cash records $245,018. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,482/mo property income covering a $3,499/mo payment rather than investor’s personal income.
Single Family
Built in 1889
14.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55367, New Germany, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 410 (100%) |
| Owner Occupied HU | 339 (82.7%) |
| Renter Occupied HU | 56 (13.7%) |
| Vacant Housing Units | 15 ( 3.7%) |
| Median Home Value | $507,479 |
| Average Home Value | $537,463 |
Housing Distribution
Address Breakdown
Residential
374
Single Family
366
Multi-Family
8
Businesses
24
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Nearby investment properties with comparable prices
Listed by: Jason P Schmidt • eXp Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6606707
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