804 4th Ave NEAustinMN55912
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Austin at 804 4th Ave NE, Austin, MN, 55912 offers a 21.6% rental yield on a $117,200 purchase with $2,110/mo rent. Total monthly income registers $2,110/mo, and a $574/mo payment leaves $1,348/mo available for distribution. Annual cash flow reaches $16,182/yr on $38,852 to close, and return on cash invested stands at 61.56% in year one. Equity gained on principal adds $756/yr while 5% annual appreciation supports $32,380 over five years. Portfolio math shows five-year ROI at 326.64% and total cumulative return in cash at $126,904. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,110/mo property income against a $574/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1861
8,232 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55912, Austin, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,710 (100%) |
| Owner Occupied HU | 8,151 (64.1%) |
| Renter Occupied HU | 3,642 (28.7%) |
| Vacant Housing Units | 917 ( 7.2%) |
| Median Home Value | $198,527 |
| Average Home Value | $258,502 |
Housing Distribution
Address Breakdown
Residential
12,261
Single Family
10,599
Multi-Family
1,662
Businesses
835
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices