207 2nd St NWFreeportMN56331
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 Freeport at 207 2nd St NW, Freeport, MN, 56331 listed at $415,000 pairs $2,720/mo rent with a $2,031/mo payment to leave $129/mo cash flow. Total monthly income runs $2,720/mo, and annual cash flow reaches $1,545/yr on $137,573 cash to close. Return on cash invested measures 21.03% in year one, and rental yield registers 7.87% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 108.94% and total cumulative return in cash totals $149,865. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,720/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56331, Freeport, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 901 (100%) |
| Owner Occupied HU | 743 (82.5%) |
| Renter Occupied HU | 107 (11.9%) |
| Vacant Housing Units | 51 ( 5.7%) |
| Median Home Value | $386,111 |
| Average Home Value | $495,000 |
Housing Distribution
Address Breakdown
Residential
652
Single Family
633
Multi-Family
19
Businesses
50
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices