115 Spruce St WGrey EagleMN56336
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 Grey Eagle at 115 Spruce St W, Grey Eagle, MN, 56336 with 5% annual appreciation on a $199,500 basis while $1,405/mo rent supports operations. Total monthly income totals $1,405/mo and a $976/mo payment preserves $160/mo for cash returns. Annual cash flow comes to $1,916/yr on $66,134 deployed, and return on cash invested reaches 22.81% in year one. Equity gained on principal adds $1,287/yr, and five-year appreciation sums $55,118 alongside rental yield of 8.45%. Five-year ROI measures 118.46% and total cumulative return in cash totals $78,343.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,405/mo property income versus a $976/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1921
0.42 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Brandon Kelly • Central MN Realty LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6735690
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