110 Walker Ave SNew York MillsMN56567
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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
Rental property for sale in New York Mills at 110 Walker Ave S, New York Mills, MN, 56567 generates $3,704/mo in rent and, after a $1,591/mo payment, leaves $1,674/mo in cash flow. Total monthly income is $3,704/mo, and annual cash flow is $20,091/yr on $107,738 invested. Return on cash invested sits at 38.56% in year one, and rental yield is 13.68% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 202.95% and total cumulative return in cash sums $218,653. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,704/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.34 Acres lot
$N/A/sqft
No HOA
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Listed by: Chad Bryniarski • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6779467