111 Main StHoldingfordMN56340
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 Holdingford at 111 Main St, Holdingford, MN, 56340 priced at $369,900 converts $2,318/mo rent into $9/mo cash flow after a $1,810/mo obligation. Total monthly income equals $2,318/mo, and annual cash flow totals $104/yr on $122,622 invested. Return on cash invested prints 19.99% in year one, and rental yield reads 7.52% against a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation compiles into $102,197 by year five. Five-year ROI reaches 103.37% and total cumulative return in cash sums $126,754. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,318/mo property income covering a $1,810/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56340, Holdingford, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,017 (100%) |
| Owner Occupied HU | 858 (84.4%) |
| Renter Occupied HU | 111 (10.9%) |
| Vacant Housing Units | 48 ( 4.7%) |
| Median Home Value | $374,654 |
| Average Home Value | $423,220 |
Housing Distribution
Address Breakdown
Residential
776
Single Family
760
Multi-Family
16
Businesses
44
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Nearby investment properties with comparable prices
Listed by: Erica Quamme • Legacy Home Group MN LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6659117
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