801 E Elm AveOliviaMN56277
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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 Olivia at 801 E Elm Ave, Olivia, MN, 56277 with 5% annual appreciation on a $145,000 basis while $1,115/mo rent supports operations. Total monthly income totals $1,115/mo and a $710/mo payment preserves $209/mo for cash returns. Annual cash flow comes to $2,511/yr on $48,068 deployed, and return on cash invested reaches 25.13% in year one. Equity gained on principal adds $936/yr, and five-year appreciation sums $40,061 alongside rental yield of 9.23%. Five-year ROI measures 130.98% and total cumulative return in cash totals $62,960.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,115/mo property income versus a $710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56277, Olivia, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,418 (100%) |
| Owner Occupied HU | 905 (63.8%) |
| Renter Occupied HU | 369 (26.0%) |
| Vacant Housing Units | 144 (10.2%) |
| Median Home Value | $226,480 |
| Average Home Value | $261,130 |
Housing Distribution
Address Breakdown
Residential
1,331
Single Family
1,143
Multi-Family
188
Businesses
207
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