951 6th StAlbanyMN56307
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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 Albany at 951 6th St, Albany, MN, 56307 earns $308/mo cash flow from $1,650/mo rent with a $1,052/mo payment. Total monthly income totals $1,650/mo, and annual cash flow totals $3,693/yr on $71,273 capital. ROI tracks 25.09% on current figures, and rental yield reads 9.21% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 130.71% and total cumulative return in cash sums $93,157. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,650/mo property income instead of your personal income.
Single Family
Built in 1908
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56307, Albany, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,115 (100%) |
| Owner Occupied HU | 1,640 (77.5%) |
| Renter Occupied HU | 377 (17.8%) |
| Vacant Housing Units | 98 ( 4.6%) |
| Median Home Value | $376,432 |
| Average Home Value | $472,944 |
Housing Distribution
Address Breakdown
Residential
1,873
Single Family
1,793
Multi-Family
80
Businesses
151
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