Silver Ln NWEvansvilleMN56326
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 Evansville at Silver Ln NW, Evansville, MN, 56326 earns from $804/mo rent with a $2,692/mo payment. Total monthly income totals $804/mo. ROI tracks 2.62% on current figures, and rental yield reads 1.75% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 10.15% and total cumulative return in cash sums $18,370. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $804/mo property income instead of your personal income.
Single Family
Built in 2004
7.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56326, Evansville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 848 (100%) |
| Owner Occupied HU | 551 (65.0%) |
| Renter Occupied HU | 117 (13.8%) |
| Vacant Housing Units | 180 (21.2%) |
| Median Home Value | $343,506 |
| Average Home Value | $375,141 |
Housing Distribution
Address Breakdown
Residential
469
Single Family
453
Multi-Family
16
Businesses
45
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Nearby investment properties with comparable prices
Listed by: Sara Bergstrom • Whitetail Properties Real Esta
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6792120