830 Nelson AveMoraMN55051
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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 Mora at 830 Nelson Ave, Mora, MN, 55051 with 5% annual appreciation on a $299,000 basis while $2,854/mo rent supports operations. Total monthly income totals $2,854/mo and a $1,463/mo payment preserves $987/mo for cash returns. Annual cash flow comes to $11,848/yr on $99,119 deployed, and return on cash invested reaches 31.86% in year one. Equity gained on principal adds $1,929/yr, and five-year appreciation sums $82,608 alongside rental yield of 11.45%. Five-year ROI measures 167.03% and total cumulative return in cash totals $165,562.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,854/mo property income versus a $1,463/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55051, Mora, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,942 (100%) |
| Owner Occupied HU | 3,253 (65.8%) |
| Renter Occupied HU | 971 (19.6%) |
| Vacant Housing Units | 718 (14.5%) |
| Median Home Value | $247,320 |
| Average Home Value | $283,349 |
Housing Distribution
Address Breakdown
Residential
4,466
Single Family
4,091
Multi-Family
375
Businesses
317
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