1601 2nd Ave EInternational FallsMN56649
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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 International Falls at 1601 2nd Ave E, International Falls, MN, 56649 listed at $110,000 pairs $855/mo rent with a $538/mo payment to leave $169/mo cash flow. Total monthly income runs $855/mo, and annual cash flow reaches $2,022/yr on $36,465 cash to close. Return on cash invested measures 25.45% in year one, and rental yield registers 9.33% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 132.72% and total cumulative return in cash totals $48,396. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $855/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56649, International Falls, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,199 (100%) |
| Owner Occupied HU | 3,179 (61.1%) |
| Renter Occupied HU | 992 (19.1%) |
| Vacant Housing Units | 1,028 (19.8%) |
| Median Home Value | $167,385 |
| Average Home Value | $236,025 |
Housing Distribution
Address Breakdown
Residential
4,209
Single Family
3,857
Multi-Family
352
Businesses
360
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Listed by: Lisa Martell • Island View Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6802983