128 3rd StNashwaukMN55769
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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 Nashwauk at 128 3rd St, Nashwauk, MN, 55769 earns $269/mo cash flow from $1,205/mo rent with a $734/mo payment. Total monthly income totals $1,205/mo, and annual cash flow totals $3,222/yr on $49,725 capital. ROI tracks 26.39% on current figures, and rental yield reads 9.64% at a $149,999 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 137.71% and total cumulative return in cash sums $68,478. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,205/mo property income instead of your personal income.
Single Family
Built in 1920
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55769, Nashwauk, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,475 (100%) |
| Owner Occupied HU | 870 (59.0%) |
| Renter Occupied HU | 191 (12.9%) |
| Vacant Housing Units | 414 (28.1%) |
| Median Home Value | $207,692 |
| Average Home Value | $273,595 |
Housing Distribution
Address Breakdown
Residential
1,095
Single Family
1,053
Multi-Family
42
Businesses
70
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