820 9th St NNew UlmMN56073
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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
Total monthly income runs $1,272/mo, and a $1,076/mo payment. Purchase price stands at $219,900, and rental yield measures 6.94% with $1,272/mo rent. Return on cash invested shows 18.25% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 94.08% and total cumulative return in cash records $68,584. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,272/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Single Family
Built in 1980
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56073, New Ulm, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,755 (100%) |
| Owner Occupied HU | 5,599 (72.2%) |
| Renter Occupied HU | 1,724 (22.2%) |
| Vacant Housing Units | 432 ( 5.6%) |
| Median Home Value | $237,607 |
| Average Home Value | $276,836 |
Housing Distribution
Address Breakdown
Residential
7,563
Single Family
6,236
Multi-Family
1,327
Businesses
600
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