112 Highway 71Big FallsMN56627
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 Big Falls at 112 Highway 71, Big Falls, MN, 56627 generates $1,368/mo in rent and, after a $759/mo payment, leaves $400/mo in cash flow. Total monthly income is $1,368/mo, and annual cash flow is $4,797/yr on $51,383 invested. Return on cash invested sits at 29.24% in year one, and rental yield is 10.59% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 153% and total cumulative return in cash sums $78,616. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,368/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56627, Big Falls, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 351 (100%) |
| Owner Occupied HU | 152 (43.3%) |
| Renter Occupied HU | 23 ( 6.6%) |
| Vacant Housing Units | 176 (50.1%) |
| Median Home Value | $170,968 |
| Average Home Value | $238,750 |
Housing Distribution
Address Breakdown
Residential
51
Single Family
40
Multi-Family
11
Businesses
12
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Nearby investment properties with comparable prices
Listed by: Norma Jean Jofs • Next Door Realty
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6121473
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.