15536 & 15634 318th StMenahgaMN56464
Nearby investment properties with comparable rents
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
Investment property for sale in Menahga at 15536 & 15634 318th St, Menahga, MN, 56464 offers a 3.37% rental yield on a $385,000 purchase with $1,080/mo rent. 46% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Portfolio math shows five-year ROI at 36.19% and total cumulative return in cash at $46,186. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,080/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56464, Menahga, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,568 (100%) |
| Owner Occupied HU | 1,506 (58.6%) |
| Renter Occupied HU | 337 (13.1%) |
| Vacant Housing Units | 725 (28.2%) |
| Median Home Value | $247,473 |
| Average Home Value | $298,860 |
Housing Distribution
Address Breakdown
Residential
1,921
Single Family
1,828
Multi-Family
93
Businesses
87
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Torgerson • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6674955
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