1107 Mulberry Ave NEMontgomeryMN56069
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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 Montgomery at 1107 Mulberry Ave NE, Montgomery, MN, 56069 with 5% annual appreciation on a $360,900 basis while $2,544/mo rent supports operations. Total monthly income totals $2,544/mo and a $1,766/mo payment preserves $291/mo for cash returns. Annual cash flow comes to $3,489/yr on $119,638 deployed, and return on cash invested reaches 22.83% in year one. Equity gained on principal adds $2,329/yr, and five-year appreciation sums $99,710 alongside rental yield of 8.46%. Five-year ROI measures 118.55% and total cumulative return in cash totals $141,832.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,544/mo property income versus a $1,766/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56069, Montgomery, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,200 (100%) |
| Owner Occupied HU | 1,638 (74.5%) |
| Renter Occupied HU | 419 (19.0%) |
| Vacant Housing Units | 143 ( 6.5%) |
| Median Home Value | $347,687 |
| Average Home Value | $457,990 |
Housing Distribution
Address Breakdown
Residential
2,100
Single Family
1,997
Multi-Family
103
Businesses
140
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Listed by: Daniel K Schmitt • Keller Williams Realty Integrity Lakes
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6645748