105 Nicolet AveBig FallsMN56627
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Big Falls at 105 Nicolet Ave, Big Falls, MN, 56627 with 5% annual appreciation on a $144,000 basis while $1,157/mo rent supports operations. Total monthly income totals $1,157/mo and a $705/mo payment preserves $258/mo for cash returns. Annual cash flow comes to $3,091/yr on $47,736 deployed, and return on cash invested reaches 26.38% in year one. Equity gained on principal adds $929/yr, and five-year appreciation sums $39,785 alongside rental yield of 9.64%. Five-year ROI measures 137.67% and total cumulative return in cash totals $65,718.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,157/mo property income versus a $705/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
31.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56627, Big Falls, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 351 (100%) |
| Owner Occupied HU | 152 (43.3%) |
| Renter Occupied HU | 23 ( 6.6%) |
| Vacant Housing Units | 176 (50.1%) |
| Median Home Value | $170,968 |
| Average Home Value | $238,750 |
Housing Distribution
Address Breakdown
Residential
51
Single Family
40
Multi-Family
11
Businesses
12
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Nearby investment properties with comparable prices
Listed by: Tim Collelo • Tim Collelo Realty, LLC
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6117675
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.