803 Park St SFairfaxMN55332
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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 Fairfax at 803 Park St S, Fairfax, MN, 55332 uses $42,730 cash to close to unlock $5,604/yr annual cash flow and $467/mo monthly cash flow. Total monthly income runs $1,272/mo, and a $631/mo payment keeps the spread at $467/mo. Purchase price stands at $128,900, and rental yield measures 11.84% with $1,272/mo rent. Return on cash invested shows 33.02% in year one, and 5% annual appreciation builds toward $35,613 over five years. Five-year ROI reaches 173.26% and total cumulative return in cash records $74,033. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,272/mo property income covering a $631/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.26 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Dorothy Butler • Re/Max Results
Mls Name: RASM
Mls Provider:
Mls ID: #7036438
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, REALTOR Association of Southern MN. All Rights Reserved. Last Updated: 2025-02-22 07:15:51 PST