120 5th StPine RiverMN56474
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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 Pine River at 120 5th St, Pine River, MN, 56474 listed at $129,000 pairs $1,109/mo rent with a $631/mo payment to leave $304/mo cash flow. Total monthly income runs $1,109/mo, and annual cash flow reaches $3,646/yr on $42,764 cash to close. Return on cash invested measures 28.44% in year one, and rental yield registers 10.32% at a $129,000 basis. Equity gained on principal adds $832/yr, and annual property appreciation at 5% supports $35,640 by year five. Five-year ROI tracks 148.67% and total cumulative return in cash totals $63,577. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,109/mo property income relative to a $631/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56474, Pine River, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,993 (100%) |
| Owner Occupied HU | 1,602 (53.5%) |
| Renter Occupied HU | 390 (13.0%) |
| Vacant Housing Units | 1,001 (33.4%) |
| Median Home Value | $320,339 |
| Average Home Value | $411,657 |
Housing Distribution
Address Breakdown
Residential
2,231
Single Family
2,109
Multi-Family
122
Businesses
170
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Listed by: Douglas Zaske • Heartland Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6774464