820 Chestnut StMantorvilleMN55955
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 Mantorville at 820 Chestnut St, Mantorville, MN, 55955 uses $99,119 cash to close to unlock $5,020/yr annual cash flow and $418/mo monthly cash flow. Total monthly income runs $2,285/mo, and a $1,463/mo payment keeps the spread at $418/mo. Purchase price stands at $299,000, and rental yield measures 9.17% with $2,285/mo rent. Return on cash invested shows 24.97% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 130.1% and total cumulative return in cash records $128,950. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,285/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 2000
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55955, Mantorville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,081 (100%) |
| Owner Occupied HU | 970 (89.7%) |
| Renter Occupied HU | 77 ( 7.1%) |
| Vacant Housing Units | 34 ( 3.1%) |
| Median Home Value | $419,108 |
| Average Home Value | $434,804 |
Housing Distribution
Address Breakdown
Residential
896
Single Family
896
Multi-Family
0
Businesses
45
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Clay Matson • Jewson Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6814326