1843 348th AveIsleMN56342
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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 Isle at 1843 348th Ave, Isle, MN, 56342 uses $52,709 cash to close to unlock $2,956/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $1,239/mo, and a $778/mo payment keeps the spread at $246/mo. Purchase price stands at $159,000, and rental yield measures 9.35% with $1,239/mo rent. Return on cash invested shows 25.52% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 133.05% and total cumulative return in cash records $70,128. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,239/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 2011
5.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56342, Isle, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,578 (100%) |
| Owner Occupied HU | 1,115 (43.3%) |
| Renter Occupied HU | 202 ( 7.8%) |
| Vacant Housing Units | 1,261 (48.9%) |
| Median Home Value | $326,908 |
| Average Home Value | $350,951 |
Housing Distribution
Address Breakdown
Residential
1,515
Single Family
1,515
Multi-Family
0
Businesses
117
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