107 5th AveBellinghamMN56212
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
Rental property for sale in Bellingham at 107 5th Ave, Bellingham, MN, 56212 generates $1,980/mo in rent and, after a $631/mo payment, leaves $1,175/mo in cash flow. Total monthly income is $1,980/mo, and annual cash flow is $14,098/yr on $42,764 invested. Return on cash invested sits at 52.88% in year one, and rental yield is 18.42% on a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 279.69% and total cumulative return in cash sums $119,605. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,980/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56212, Bellingham, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 254 (100%) |
| Owner Occupied HU | 180 (70.9%) |
| Renter Occupied HU | 21 ( 8.3%) |
| Vacant Housing Units | 53 (20.9%) |
| Median Home Value | $137,500 |
| Average Home Value | $258,319 |
Housing Distribution
Address Breakdown
Residential
147
Single Family
147
Multi-Family
0
Businesses
14
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Nearby investment properties with comparable prices
Listed by: Dawn G Peterson • Peterson Team Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6472874
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