824 E Washington StCaledoniaMN55921
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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
Investment property for sale in Caledonia at 824 E Washington St, Caledonia, MN, 55921 listed at $149,900 pairs $1,481/mo rent with a $734/mo payment to leave $545/mo cash flow. Total monthly income runs $1,481/mo, and annual cash flow reaches $6,536/yr on $49,692 cash to close. Return on cash invested measures 33.06% in year one, and rental yield registers 11.86% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 173.46% and total cumulative return in cash totals $86,195. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,481/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55921, Caledonia, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,173 (100%) |
| Owner Occupied HU | 1,568 (72.2%) |
| Renter Occupied HU | 418 (19.2%) |
| Vacant Housing Units | 187 ( 8.6%) |
| Median Home Value | $221,538 |
| Average Home Value | $281,610 |
Housing Distribution
Address Breakdown
Residential
2,006
Single Family
1,881
Multi-Family
125
Businesses
177
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Nearby investment properties with comparable prices
Listed by: Mitchell Walch • Coffee House Real Estate LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6789772
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