101 5th St NWBarnesvilleMN56514
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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 Barnesville at 101 5th St NW, Barnesville, MN, 56514 uses $69,615 cash to close to unlock $9,246/yr annual cash flow and $771/mo monthly cash flow. Total monthly income runs $2,082/mo, and a $1,028/mo payment keeps the spread at $771/mo. Purchase price stands at $210,000, and rental yield measures 11.9% with $2,082/mo rent. Return on cash invested shows 33.19% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 174.16% and total cumulative return in cash records $121,240. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,082/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56514, Barnesville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,584 (100%) |
| Owner Occupied HU | 1,246 (78.7%) |
| Renter Occupied HU | 256 (16.2%) |
| Vacant Housing Units | 82 ( 5.2%) |
| Median Home Value | $289,750 |
| Average Home Value | $309,394 |
Housing Distribution
Address Breakdown
Residential
1,442
Single Family
1,380
Multi-Family
62
Businesses
98
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Listed by: Cindy K Sillerud • Priority Real Estate LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6779358