130 Fromm CirGranite FallsMN56241
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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
Rental property for sale in Granite Falls at 130 Fromm Cir, Granite Falls, MN, 56241 offers $1,663/mo rent that, after a $1,077/mo payment, leaves $289/mo cash flow. Total monthly income is $1,663/mo, and annual cash flow is $3,468/yr on $72,930 cash. Return on cash invested measures 24.66% in year one, and rental yield stands at 9.07% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 128.39% and total cumulative return in cash reaches $93,635. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,663/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1980
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56241, Granite Falls, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,873 (100%) |
| Owner Occupied HU | 1,248 (66.6%) |
| Renter Occupied HU | 435 (23.2%) |
| Vacant Housing Units | 190 (10.1%) |
| Median Home Value | $208,222 |
| Average Home Value | $238,227 |
Housing Distribution
Address Breakdown
Residential
1,750
Single Family
1,508
Multi-Family
242
Businesses
195
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Listed by: Sherry Mathiowetz • Marshall Area Homes
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6790065