206 Pine St NOnamiaMN56359
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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 Onamia at 206 Pine St N, Onamia, MN, 56359 priced at $194,900 converts $1,559/mo rent into $330/mo cash flow after a $954/mo obligation. Total monthly income equals $1,559/mo, and annual cash flow totals $3,962/yr on $64,609 invested. Return on cash invested prints 26.04% in year one, and rental yield reads 9.6% against a $194,900 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,847 by year five. Five-year ROI reaches 135.94% and total cumulative return in cash sums $87,831. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,559/mo property income covering a $954/mo payment, not borrower’s personal income.
Single Family
Built in 1917
0.34 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Reggie Matter • North Country Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6700048
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