20 Main Ave WDeer RiverMN56636
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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 Deer River at 20 Main Ave W, Deer River, MN, 56636 earns from $840/mo rent with a $881/mo payment. Total monthly income totals $840/mo. ROI tracks 14.2% on current figures, and rental yield reads 5.6% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 72.27% and total cumulative return in cash sums $43,121. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $840/mo property income instead of your personal income.
Single Family
Built in 1980
4.50 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Erin Bowers • GRAND PROPERTIES REAL ESTATE
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6794022