804 9th St SOliviaMN56277
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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 804 9th St S, Olivia, MN, 56277 uses $79,560 cash to close to unlock $2,952/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $1,745/mo, and a $1,175/mo payment keeps the spread at $246/mo. Purchase price stands at $240,000, and rental yield measures 8.72% with $1,745/mo rent. Return on cash invested shows 23.62% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 122.79% and total cumulative return in cash records $97,694. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,745/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in 1954
10,018 sqft 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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