802 N Ramsey AveLitchfieldMN55355
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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 Litchfield at 802 N Ramsey Ave, Litchfield, MN, 55355 priced at $259,100 pairs $2,694/mo rent with $1,076/mo cash flow after a $1,268/mo payment. Total monthly income equals $2,694/mo, and annual cash flow comes to $12,915/yr on $85,892 invested. Return on cash invested is 34.94% in year one, and rental yield stands at 12.48% on a $259,100 basis. Equity gained on principal adds $1,672/yr, and 5% annual appreciation accumulates to $71,585 by year five. Five-year ROI measures 183.58% and total cumulative return in cash reaches $157,679. For financing, Ziffy Mortgage’s DSCR program evaluates $2,694/mo property income against a $1,268/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55355, Litchfield, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,434 (100%) |
| Owner Occupied HU | 2,995 (67.5%) |
| Renter Occupied HU | 944 (21.3%) |
| Vacant Housing Units | 495 (11.2%) |
| Median Home Value | $243,584 |
| Average Home Value | $300,728 |
Housing Distribution
Address Breakdown
Residential
4,146
Single Family
3,742
Multi-Family
404
Businesses
386
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Listed by: N/A • N/A
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