8786 190th Ave NBorupMN56519
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
Investment property for sale in Borup at 8786 190th Ave N, Borup, MN, 56519 offers a 7.57% rental yield on a $249,000 purchase with $1,571/mo rent. Total monthly income registers $1,571/mo, and a $1,219/mo payment leaves $16/mo available for distribution. Annual cash flow reaches $190/yr on $82,544 to close, and return on cash invested stands at 20.14% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 104.16% and total cumulative return in cash at $85,976. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,571/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1922
16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56519, Borup, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 163 (100%) |
| Owner Occupied HU | 104 (63.8%) |
| Renter Occupied HU | 30 (18.4%) |
| Vacant Housing Units | 29 (17.8%) |
| Median Home Value | $222,222 |
| Average Home Value | $252,043 |
Housing Distribution
Address Breakdown
Residential
86
Single Family
86
Multi-Family
0
Businesses
11
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