119 5th St NEFrazeeMN56544
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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 Frazee at 119 5th St NE, Frazee, MN, 56544 listed at $150,000 pairs $2,008/mo rent with a $734/mo payment to leave $1,072/mo cash flow. Total monthly income runs $2,008/mo, and annual cash flow reaches $12,858/yr on $49,725 cash to close. Return on cash invested measures 45.77% in year one, and rental yield registers 16.06% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 241.6% and total cumulative return in cash totals $120,138. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,008/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56544, Frazee, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,773 (100%) |
| Owner Occupied HU | 1,651 (59.5%) |
| Renter Occupied HU | 400 (14.4%) |
| Vacant Housing Units | 722 (26.0%) |
| Median Home Value | $319,088 |
| Average Home Value | $384,861 |
Housing Distribution
Address Breakdown
Residential
2,177
Single Family
2,107
Multi-Family
70
Businesses
80
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Nearby investment properties with comparable prices
Listed by: Stacy Heinlein • HomeSmart Adventure Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6757231
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