1123 19th 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 1123 19th St N, Moorhead, MN, 56560 offers a 10.29% rental yield on a $215,000 purchase with $1,844/mo rent. Total monthly income registers $1,844/mo, and a $1,052/mo payment leaves $502/mo available for distribution. Annual cash flow reaches $6,021/yr on $71,273 to close, and return on cash invested stands at 28.36% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 148.22% and total cumulative return in cash at $105,637. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,844/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.10 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
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Nearby investment properties with comparable prices
Listed by: Tye Kjellberg • REAL (3064 FGO)
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6691078
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