803 Parke Ave SGlyndonMN56547
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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 Glyndon at 803 Parke Ave S, Glyndon, MN, 56547 earns from $1,559/mo rent with a $1,221/mo payment. Total monthly income totals $1,559/mo. ROI tracks 19.8% on current figures, and rental yield reads 7.5% at a $249,500 purchase. Equity gained on principal adds $1,610/yr, and 5% annual appreciation supports $68,932 over five years. Five-year ROI reaches 102.4% and total cumulative return in cash sums $84,693. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,559/mo property income instead of your personal income.
Single Family
Built in 1952
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56547, Glyndon, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,043 (100%) |
| Owner Occupied HU | 873 (83.7%) |
| Renter Occupied HU | 102 ( 9.8%) |
| Vacant Housing Units | 68 ( 6.5%) |
| Median Home Value | $354,390 |
| Average Home Value | $444,227 |
Housing Distribution
Address Breakdown
Residential
919
Single Family
890
Multi-Family
29
Businesses
61
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