836 Evans RdMontevideoMN56265
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 Montevideo at 836 Evans Rd, Montevideo, MN, 56265 priced at $260,000 pairs $1,729/mo rent with $105/mo cash flow after a $1,273/mo payment. Total monthly income equals $1,729/mo, and annual cash flow comes to $1,260/yr on $86,190 invested. Return on cash invested is 21.37% in year one, and rental yield stands at 7.98% on a $260,000 basis. Equity gained on principal adds $1,678/yr, and 5% annual appreciation accumulates to $71,833 by year five. Five-year ROI measures 110.75% and total cumulative return in cash reaches $95,453. For financing, Ziffy Mortgage’s DSCR program evaluates $1,729/mo property income against a $1,273/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56265, Montevideo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,389 (100%) |
| Owner Occupied HU | 2,150 (63.4%) |
| Renter Occupied HU | 914 (27.0%) |
| Vacant Housing Units | 325 ( 9.6%) |
| Median Home Value | $177,064 |
| Average Home Value | $230,790 |
Housing Distribution
Address Breakdown
Residential
3,410
Single Family
2,995
Multi-Family
415
Businesses
346
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Listed by: Sherry Mathiowetz • Marshall Area Homes
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7003631