910 4th Ave SWAustinMN55912
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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 Austin at 910 4th Ave SW, Austin, MN, 55912 uses $42,266 cash to close to unlock $9,488/yr annual cash flow and $791/mo monthly cash flow. Total monthly income runs $1,614/mo, and a $624/mo payment keeps the spread at $791/mo. Purchase price stands at $127,500, and rental yield measures 15.19% with $1,614/mo rent. Return on cash invested shows 42.36% in year one, and 5% annual appreciation builds toward $35,226 over five years. Five-year ROI reaches 223.58% and total cumulative return in cash records $94,498. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,614/mo property income covering a $624/mo payment rather than investor’s personal income.
Single Family
Built in 1923
0.13 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55912, Austin, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,710 (100%) |
| Owner Occupied HU | 8,151 (64.1%) |
| Renter Occupied HU | 3,642 (28.7%) |
| Vacant Housing Units | 917 ( 7.2%) |
| Median Home Value | $198,527 |
| Average Home Value | $258,502 |
Housing Distribution
Address Breakdown
Residential
12,261
Single Family
10,599
Multi-Family
1,662
Businesses
835
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Listed by: Lonnie D. Skalicky • Sterling Real Estate
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6618222
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