1131 Elm Ave SHallockMN56728
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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 Hallock at 1131 Elm Ave S, Hallock, MN, 56728 listed at $299,900 pairs $2,113/mo rent with a $1,468/mo payment to leave $240/mo cash flow. Total monthly income runs $2,113/mo, and annual cash flow reaches $2,882/yr on $99,417 cash to close. Return on cash invested measures 22.81% in year one, and rental yield registers 8.45% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 118.5% and total cumulative return in cash totals $117,808. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,113/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56728, Hallock, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 668 (100%) |
| Owner Occupied HU | 416 (62.3%) |
| Renter Occupied HU | 141 (21.1%) |
| Vacant Housing Units | 111 (16.6%) |
| Median Home Value | $185,135 |
| Average Home Value | $252,067 |
Housing Distribution
Address Breakdown
Residential
383
Single Family
326
Multi-Family
57
Businesses
100
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