1761 8th Ave, Newport, MN, 55055 | $202/mo Cash Flow

For Sale

Listed for sale 4 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Newport at 1761 8th Ave, Newport, MN, 55055 earns $202/mo cash flow from $1,138/mo rent with a $734/mo payment. Total monthly income totals $1,138/mo, and annual cash flow totals $2,420/yr on $49,692 capital. ROI tracks 24.78% on current figures, and rental yield reads 9.11% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 129.07% and total cumulative return in cash sums $64,139. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,138/mo property income instead of your personal income.

Condo

Built in 1983

N/A lot

$N/A/sqft

No HOA