810 Redwood STREET WEST WestLa CrescentMN55947
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 La Crescent at 810 Redwood STREET WEST West, La Crescent, MN, 55947 offers a 8.06% rental yield on a $319,000 purchase with $2,142/mo rent. Total monthly income registers $2,142/mo, and a $1,561/mo payment leaves $125/mo available for distribution. Annual cash flow reaches $1,504/yr on $105,749 to close, and return on cash invested stands at 21.33% in year one. Equity gained on principal adds $2,058/yr while 5% annual appreciation supports $88,134 over five years. Portfolio math shows five-year ROI at 110.67% and total cumulative return in cash at $117,037. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,142/mo property income against a $1,561/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55947, La Crescent, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,374 (100%) |
| Owner Occupied HU | 2,497 (74.0%) |
| Renter Occupied HU | 643 (19.1%) |
| Vacant Housing Units | 234 ( 6.9%) |
| Median Home Value | $303,099 |
| Average Home Value | $340,467 |
Housing Distribution
Address Breakdown
Residential
3,251
Single Family
3,085
Multi-Family
166
Businesses
173
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Cisewski • Edina Realty, Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1909684
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.