913 William AveMontevideoMN56265
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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 Montevideo at 913 William Ave, Montevideo, MN, 56265 uses $53,007 cash to close to unlock $3,050/yr annual cash flow and $254/mo monthly cash flow. Total monthly income runs $1,253/mo, and a $783/mo payment keeps the spread at $254/mo. Purchase price stands at $159,900, and rental yield measures 9.4% with $1,253/mo rent. Return on cash invested shows 25.66% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 133.85% and total cumulative return in cash records $70,950. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,253/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1941
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56265, Montevideo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,389 (100%) |
| Owner Occupied HU | 2,150 (63.4%) |
| Renter Occupied HU | 914 (27.0%) |
| Vacant Housing Units | 325 ( 9.6%) |
| Median Home Value | $177,064 |
| Average Home Value | $230,790 |
Housing Distribution
Address Breakdown
Residential
3,410
Single Family
2,995
Multi-Family
415
Businesses
346
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Listed by: Bruce D Vien • Kuhlmann Real Estate, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6770697