1107 10th St NMoorheadMN56560
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 Moorhead at 1107 10th St N, Moorhead, MN, 56560 uses $64,643 cash to close to unlock $3,117/yr annual cash flow and $260/mo monthly cash flow. Total monthly income runs $1,477/mo, and a $954/mo payment keeps the spread at $260/mo. Purchase price stands at $195,000, and rental yield measures 9.09% with $1,477/mo rent. Return on cash invested shows 24.73% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 128.79% and total cumulative return in cash records $83,254. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,477/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1968
10,454 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices