104 2nd Ave NW, Fairfax, MN, 55332 | $275/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fairfax at 104 2nd Ave NW, Fairfax, MN, 55332 offers a 9.56% rental yield on a $159,900 purchase with $1,274/mo rent. Total monthly income registers $1,274/mo, and a $783/mo payment leaves $275/mo available for distribution. Annual cash flow reaches $3,302/yr on $53,007 to close, and return on cash invested stands at 26.14% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 136.43% and total cumulative return in cash at $72,318. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,274/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1959

0.26 Acres lot

$N/A/sqft

No HOA