801-803 N Sprague St #805CaledoniaMN55921
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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 Caledonia at 801-803 N Sprague St #805, Caledonia, MN, 55921 listed at $475,100 pairs $1,333/mo rent with a $2,325/mo payment. Total monthly income runs $1,333/mo. Return on cash invested measures 7.46% in year one, and rental yield registers 3.37% at a $475,100 basis. Equity gained on principal adds $3,066/yr, and annual property appreciation at 5% supports $131,261 by year five. Five-year ROI tracks 36.19% and total cumulative return in cash totals $56,990. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,333/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55921, Caledonia, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,173 (100%) |
| Owner Occupied HU | 1,568 (72.2%) |
| Renter Occupied HU | 418 (19.2%) |
| Vacant Housing Units | 187 ( 8.6%) |
| Median Home Value | $221,538 |
| Average Home Value | $281,610 |
Housing Distribution
Address Breakdown
Residential
2,006
Single Family
1,881
Multi-Family
125
Businesses
177
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