2031 2nd Ave EInternational FallsMN56649
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 International Falls at 2031 2nd Ave E, International Falls, MN, 56649 listed at $129,900 pairs $1,140/mo rent with a $636/mo payment to leave $329/mo cash flow. Total monthly income runs $1,140/mo, and annual cash flow reaches $3,944/yr on $43,062 cash to close. Return on cash invested measures 29.07% in year one, and rental yield registers 10.53% at a $129,900 basis. Equity gained on principal adds $838/yr, and annual property appreciation at 5% supports $35,889 by year five. Five-year ROI tracks 152.06% and total cumulative return in cash totals $65,479. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,140/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1969
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56649, International Falls, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,199 (100%) |
| Owner Occupied HU | 3,179 (61.1%) |
| Renter Occupied HU | 992 (19.1%) |
| Vacant Housing Units | 1,028 (19.8%) |
| Median Home Value | $167,385 |
| Average Home Value | $236,025 |
Housing Distribution
Address Breakdown
Residential
4,209
Single Family
3,857
Multi-Family
352
Businesses
360
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Nearby investment properties with comparable prices
Listed by: Lindsay Kay Jones • Island View Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6613816
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