105 3rd St NMoorheadMN56560
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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 Moorhead at 105 3rd St N, Moorhead, MN, 56560 listed at $189,900 pairs $1,637/mo rent with a $929/mo payment to leave $452/mo cash flow. Total monthly income runs $1,637/mo, and annual cash flow reaches $5,420/yr on $62,952 cash to close. Return on cash invested measures 28.52% in year one, and rental yield registers 10.34% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 149.09% and total cumulative return in cash totals $93,857. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,637/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56560, Moorhead, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,988 (100%) |
| Owner Occupied HU | 10,864 (54.4%) |
| Renter Occupied HU | 7,732 (38.7%) |
| Vacant Housing Units | 1,392 ( 7.0%) |
| Median Home Value | $304,220 |
| Average Home Value | $340,835 |
Housing Distribution
Address Breakdown
Residential
18,934
Single Family
13,479
Multi-Family
5,455
Businesses
933
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