106 Circle DrThief River FallsMN56701
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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 Thief River Falls at 106 Circle Dr, Thief River Falls, MN, 56701 earns $736/mo cash flow from $1,722/mo rent with a $773/mo payment. Total monthly income totals $1,722/mo, and annual cash flow totals $8,828/yr on $52,377 capital. ROI tracks 36.76% on current figures, and rental yield reads 13.08% at a $158,000 purchase. Equity gained on principal adds $1,020/yr, and 5% annual appreciation supports $43,652 over five years. Five-year ROI reaches 193.32% and total cumulative return in cash sums $101,254. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,722/mo property income instead of your personal income.
Single Family
Built in 1976
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56701, Thief River Falls, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,119 (100%) |
| Owner Occupied HU | 3,882 (63.4%) |
| Renter Occupied HU | 1,728 (28.2%) |
| Vacant Housing Units | 509 ( 8.3%) |
| Median Home Value | $225,599 |
| Average Home Value | $260,832 |
Housing Distribution
Address Breakdown
Residential
6,155
Single Family
4,913
Multi-Family
1,242
Businesses
548
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Listed by: Patricia Wold • USA Realty Thief River Falls
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6761436