821 3rd AveMadisonMN56256
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 Madison at 821 3rd Ave, Madison, MN, 56256 earns $184/mo cash flow from $983/mo rent with a $626/mo payment. Total monthly income totals $983/mo, and annual cash flow totals $2,212/yr on $42,399 capital. ROI tracks 25.13% on current figures, and rental yield reads 9.22% at a $127,900 purchase. Equity gained on principal adds $825/yr, and 5% annual appreciation supports $35,336 over five years. Five-year ROI reaches 130.96% and total cumulative return in cash sums $55,527. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $983/mo property income instead of your personal income.
Single Family
Built in 1903
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56256, Madison, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,367 (100%) |
| Owner Occupied HU | 920 (67.3%) |
| Renter Occupied HU | 247 (18.1%) |
| Vacant Housing Units | 200 (14.6%) |
| Median Home Value | $162,264 |
| Average Home Value | $223,136 |
Housing Distribution
Address Breakdown
Residential
1,187
Single Family
1,082
Multi-Family
105
Businesses
136
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices