191 Main StFoleyMN56329
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Foley at 191 Main St, Foley, MN, 56329 with 5% annual appreciation on a $135,000 basis while $960/mo rent supports operations. Total monthly income totals $960/mo and a $661/mo payment preserves $117/mo for cash returns. Annual cash flow comes to $1,401/yr on $44,753 deployed, and return on cash invested reaches 23.04% in year one. Equity gained on principal adds $871/yr, and five-year appreciation sums $37,298 alongside rental yield of 8.53%. Five-year ROI measures 119.73% and total cumulative return in cash totals $53,581.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $960/mo property income versus a $661/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56329, Foley, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,973 (100%) |
| Owner Occupied HU | 2,414 (81.2%) |
| Renter Occupied HU | 432 (14.5%) |
| Vacant Housing Units | 127 ( 4.3%) |
| Median Home Value | $324,421 |
| Average Home Value | $370,910 |
Housing Distribution
Address Breakdown
Residential
2,569
Single Family
2,417
Multi-Family
152
Businesses
164
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Nearby investment properties with comparable prices
Listed by: Lori Millam • Keller Williams Integrity NW
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6607797
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