2 Highway 8FloodwoodMN55736
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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
Rental property for sale in Floodwood at 2 Highway 8, Floodwood, MN, 55736 generates $2,311/mo in rent and, after a $1,808/mo payment, leaves $4/mo in cash flow. Total monthly income is $2,311/mo, and annual cash flow is $51/yr on $122,461 invested. Return on cash invested sits at 19.95% in year one, and rental yield is 7.51% on a $369,416 entry. Equity gained on principal adds $2,384/yr, while 5% annual appreciation builds toward $102,063 over five years. Five-year ROI reaches 103.17% and total cumulative return in cash sums $126,338. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,311/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55736, Floodwood, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 921 (100%) |
| Owner Occupied HU | 494 (53.6%) |
| Renter Occupied HU | 121 (13.1%) |
| Vacant Housing Units | 306 (33.2%) |
| Median Home Value | $275,949 |
| Average Home Value | $320,233 |
Housing Distribution
Address Breakdown
Residential
442
Single Family
442
Multi-Family
0
Businesses
54
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