118 4th St NWBagleyMN56621
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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
Rental property for sale in Bagley at 118 4th St NW, Bagley, MN, 56621 generates $1,753/mo in rent and, after a $992/mo payment, leaves $487/mo in cash flow. Total monthly income is $1,753/mo, and annual cash flow is $5,848/yr on $67,195 invested. Return on cash invested sits at 28.61% in year one, and rental yield is 10.38% on a $202,700 entry. Equity gained on principal adds $1,308/yr, while 5% annual appreciation builds toward $56,002 over five years. Five-year ROI reaches 149.64% and total cumulative return in cash sums $100,552. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,753/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56621, Bagley, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,228 (100%) |
| Owner Occupied HU | 1,393 (62.5%) |
| Renter Occupied HU | 441 (19.8%) |
| Vacant Housing Units | 394 (17.7%) |
| Median Home Value | $224,363 |
| Average Home Value | $273,580 |
Housing Distribution
Address Breakdown
Residential
1,741
Single Family
1,573
Multi-Family
168
Businesses
145
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