104 3rd St NWDilworthMN56529
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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 Dilworth at 104 3rd St NW, Dilworth, MN, 56529 uses $51,383 cash to close to unlock $3,105/yr annual cash flow and $259/mo monthly cash flow. Total monthly income runs $1,227/mo, and a $759/mo payment keeps the spread at $259/mo. Purchase price stands at $155,000, and rental yield measures 9.5% with $1,227/mo rent. Return on cash invested shows 25.95% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 135.32% and total cumulative return in cash records $69,532. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,227/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1959
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56529, Dilworth, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,928 (100%) |
| Owner Occupied HU | 1,334 (69.2%) |
| Renter Occupied HU | 487 (25.3%) |
| Vacant Housing Units | 107 ( 5.5%) |
| Median Home Value | $336,181 |
| Average Home Value | $443,460 |
Housing Distribution
Address Breakdown
Residential
1,867
Single Family
1,420
Multi-Family
447
Businesses
107
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