845 E BroadwayPlainviewMN55964
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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 Plainview at 845 E Broadway, Plainview, MN, 55964 at $259,900 posts ROI 22.88% with $213/mo cash flow from $1,836/mo rent. Total monthly income equals $1,836/mo, and annual cash flow records $2,558/yr on $86,157 to close. Return on cash invested measures 22.88% and rental yield reads 8.48% at the current $259,900. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 by year five. Five-year ROI prints 118.89% and total cumulative return in cash totals $102,430.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,836/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1870
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55964, Plainview, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,898 (100%) |
| Owner Occupied HU | 1,367 (72.0%) |
| Renter Occupied HU | 372 (19.6%) |
| Vacant Housing Units | 159 ( 8.4%) |
| Median Home Value | $265,191 |
| Average Home Value | $309,996 |
Housing Distribution
Address Breakdown
Residential
1,844
Single Family
1,754
Multi-Family
90
Businesses
139
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