1313 10th Ave SMoorheadMN56560
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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 Moorhead at 1313 10th Ave S, Moorhead, MN, 56560 offers a 9.11% rental yield on a $199,500 purchase with $1,515/mo rent. Total monthly income registers $1,515/mo, and a $976/mo payment leaves $270/mo available for distribution. Annual cash flow reaches $3,236/yr on $66,134 to close, and return on cash invested stands at 24.8% in year one. Equity gained on principal adds $1,287/yr while 5% annual appreciation supports $55,118 over five years. Portfolio math shows five-year ROI at 129.17% and total cumulative return in cash at $85,423. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,515/mo property income against a $976/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56560, Moorhead, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,988 (100%) |
| Owner Occupied HU | 10,864 (54.4%) |
| Renter Occupied HU | 7,732 (38.7%) |
| Vacant Housing Units | 1,392 ( 7.0%) |
| Median Home Value | $304,220 |
| Average Home Value | $340,835 |
Housing Distribution
Address Breakdown
Residential
18,934
Single Family
13,479
Multi-Family
5,455
Businesses
933
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