9112 Indigo Rd NWRiceMN56367
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 Rice at 9112 Indigo Rd NW, Rice, MN, 56367 offers a 6.52% rental yield on a $398,900 purchase with $2,168/mo rent. 87% in year one. Equity gained on principal adds $2,574/yr while 5% annual appreciation supports $110,209 over five years. Portfolio math shows five-year ROI at 86.64% and total cumulative return in cash at $114,570. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,168/mo property income against a $1,952/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.55 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56367, Rice, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,949 (100%) |
| Owner Occupied HU | 2,545 (86.3%) |
| Renter Occupied HU | 240 ( 8.1%) |
| Vacant Housing Units | 164 ( 5.6%) |
| Median Home Value | $321,788 |
| Average Home Value | $368,863 |
Housing Distribution
Address Breakdown
Residential
2,781
Single Family
2,712
Multi-Family
69
Businesses
125
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Nearby investment properties with comparable prices
Listed by: Danielle Friedrich • VoigtJohnson
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6702790
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