822 Stephens AveOrtonvilleMN56278
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
Rental property for sale in Ortonville at 822 Stephens Ave, Ortonville, MN, 56278 priced at $104,500 pairs $826/mo rent with $174/mo cash flow after a $511/mo payment. Total monthly income equals $826/mo, and annual cash flow comes to $2,087/yr on $34,642 invested. Return on cash invested is 25.93% in year one, and rental yield stands at 9.49% on a $104,500 basis. Equity gained on principal adds $674/yr, and 5% annual appreciation accumulates to $28,871 by year five. Five-year ROI measures 135.24% and total cumulative return in cash reaches $46,849. For financing, Ziffy Mortgage’s DSCR program evaluates $826/mo property income against a $511/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56278, Ortonville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,537 (100%) |
| Owner Occupied HU | 817 (53.2%) |
| Renter Occupied HU | 324 (21.1%) |
| Vacant Housing Units | 396 (25.8%) |
| Median Home Value | $173,476 |
| Average Home Value | $222,632 |
Housing Distribution
Address Breakdown
Residential
1,275
Single Family
1,135
Multi-Family
140
Businesses
189
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Nearby investment properties with comparable prices
Listed by: Jonathan Hartman • Shady Oak Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6514870
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