13464 Thomas DrLittle FallsMN56345
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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
Rental property for sale in Little Falls at 13464 Thomas Dr, Little Falls, MN, 56345 generates $3,162/mo in rent and, after a $2,447/mo payment, leaves $40/mo in cash flow. Total monthly income is $3,162/mo, and annual cash flow is $482/yr on $165,717 invested. Return on cash invested sits at 20.2% in year one, and rental yield is 7.59% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 104.49% and total cumulative return in cash sums $173,160. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,162/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56345, Little Falls, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,875 (100%) |
| Owner Occupied HU | 4,612 (67.1%) |
| Renter Occupied HU | 1,869 (27.2%) |
| Vacant Housing Units | 394 ( 5.7%) |
| Median Home Value | $259,428 |
| Average Home Value | $297,151 |
Housing Distribution
Address Breakdown
Residential
6,631
Single Family
5,810
Multi-Family
821
Businesses
555
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Listed by: Jeremy J Danielson • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6826174