801 7th St NAlbanyMN56307
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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 Albany at 801 7th St N, Albany, MN, 56307 offers a 10.07% rental yield on a $289,900 purchase with $2,432/mo rent. Total monthly income registers $2,432/mo, and a $1,419/mo payment leaves $622/mo available for distribution. Annual cash flow reaches $7,460/yr on $96,102 to close, and return on cash invested stands at 27.67% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 144.54% and total cumulative return in cash at $138,909. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,432/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56307, Albany, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,115 (100%) |
| Owner Occupied HU | 1,640 (77.5%) |
| Renter Occupied HU | 377 (17.8%) |
| Vacant Housing Units | 98 ( 4.6%) |
| Median Home Value | $376,432 |
| Average Home Value | $472,944 |
Housing Distribution
Address Breakdown
Residential
1,873
Single Family
1,793
Multi-Family
80
Businesses
151
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