100 Main StBigforkMN56628
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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
Rental property for sale in Bigfork at 100 Main St, Bigfork, MN, 56628 priced at $140,000 converts $2,220/mo rent into $1,346/mo cash flow after a $685/mo obligation. Total monthly income equals $2,220/mo, and annual cash flow totals $16,152/yr on $46,410 invested. Return on cash invested prints 54.71% in year one, and rental yield reads 19.03% against a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,679 by year five. Five-year ROI reaches 289.54% and total cumulative return in cash sums $134,374. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,220/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1962
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56628, Bigfork, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,530 (100%) |
| Owner Occupied HU | 653 (42.7%) |
| Renter Occupied HU | 122 ( 8.0%) |
| Vacant Housing Units | 755 (49.3%) |
| Median Home Value | $311,905 |
| Average Home Value | $356,022 |
Housing Distribution
Address Breakdown
Residential
847
Single Family
811
Multi-Family
36
Businesses
47
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Listed by: Kaila Wass • RE/MAX Advantage Plus
Mls Name: Range AOR
Mls ID: #147426
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.