906 Redwood STREET WEST WestLa CrescentMN55947
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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 La Crescent at 906 Redwood STREET WEST West, La Crescent, MN, 55947 listed at $259,900 pairs $2,161/mo rent with a $1,272/mo payment to leave $538/mo cash flow. Total monthly income runs $2,161/mo, and annual cash flow reaches $6,458/yr on $86,157 cash to close. Return on cash invested measures 27.4% in year one, and rental yield registers 9.98% at a $259,900 basis. Equity gained on principal adds $1,677/yr, and annual property appreciation at 5% supports $71,806 by year five. Five-year ROI tracks 143.16% and total cumulative return in cash totals $123,346. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,161/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55947, La Crescent, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,374 (100%) |
| Owner Occupied HU | 2,497 (74.0%) |
| Renter Occupied HU | 643 (19.1%) |
| Vacant Housing Units | 234 ( 6.9%) |
| Median Home Value | $303,099 |
| Average Home Value | $340,467 |
Housing Distribution
Address Breakdown
Residential
3,251
Single Family
3,085
Multi-Family
166
Businesses
173
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Listed by: Cameron Kelly • eXp Realty LLC
Mls Name: WIREX MLS
Mls ID: #1945126