16466 220th StMc GrathMN56350
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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
Total monthly income runs $1,470/mo, and a $1,591/mo payment. Purchase price stands at $325,000, and rental yield measures 5.43% with $1,470/mo rent. Return on cash invested shows 13.67% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 69.51% and total cumulative return in cash records $74,893. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,470/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1994
78.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56350, Mc Grath, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 422 (100%) |
| Owner Occupied HU | 202 (47.9%) |
| Renter Occupied HU | 16 ( 3.8%) |
| Vacant Housing Units | 204 (48.3%) |
| Median Home Value | $304,255 |
| Average Home Value | $349,728 |
Housing Distribution
Address Breakdown
Residential
266
Single Family
266
Multi-Family
0
Businesses
14
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