1601 4th Ave WInternational 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 4th Ave W, International Falls, MN, 56649 earns from $1,858/mo rent with a $1,713/mo payment. Total monthly income totals $1,858/mo. ROI tracks 16.52% on current figures, and rental yield reads 6.37% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 84.76% and total cumulative return in cash sums $98,342. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,858/mo property income instead of your personal income.
Condo
Built in 1920
0.72 Acres 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: Andrea Zupancich • Z' Up North Realty
Mls Name: Lake Superior Area Realtors
Mls ID: #6119770