811 E 5th StBlue EarthMN56013
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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
Rental property for sale in Blue Earth at 811 E 5th St, Blue Earth, MN, 56013 generates $1,087/mo in rent and, after a $680/mo payment, leaves $219/mo in cash flow. Total monthly income is $1,087/mo, and annual cash flow is $2,632/yr on $46,079 invested. Return on cash invested sits at 25.62% in year one, and rental yield is 9.38% on a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 133.59% and total cumulative return in cash sums $61,556. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,087/mo property income rather than buyer’s personal income.
Single Family
Built in 1880
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56013, Blue Earth, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,118 (100%) |
| Owner Occupied HU | 1,369 (64.6%) |
| Renter Occupied HU | 481 (22.7%) |
| Vacant Housing Units | 268 (12.7%) |
| Median Home Value | $185,174 |
| Average Home Value | $220,325 |
Housing Distribution
Address Breakdown
Residential
1,958
Single Family
1,758
Multi-Family
200
Businesses
242
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Listed by: Vonnie Cone • RE/MAX TOTAL REALTY
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7003820