210 N Halladay StGood ThunderMN56037
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
Rental property for sale in Good Thunder at 210 N Halladay St, Good Thunder, MN, 56037 offers $1,511/mo rent that, after a $1,052/mo payment, leaves $169/mo cash flow. Total monthly income is $1,511/mo, and annual cash flow is $2,027/yr on $71,239 cash. Return on cash invested measures 22.75% in year one, and rental yield stands at 8.44% at a $214,900 entry. Equity gained on principal adds $1,387/yr while 5% annual appreciation compounds into $59,373 by year five. Five-year ROI records 118.17% and total cumulative return in cash reaches $84,186. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,511/mo property income versus a $1,052/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
8,190 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56037, Good Thunder, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 680 (100%) |
| Owner Occupied HU | 552 (81.2%) |
| Renter Occupied HU | 85 (12.5%) |
| Vacant Housing Units | 43 ( 6.3%) |
| Median Home Value | $316,552 |
| Average Home Value | $397,966 |
Housing Distribution
Address Breakdown
Residential
523
Single Family
503
Multi-Family
20
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trent Vanort • Century 21 Atwood
Mls Name: RASM
Mls ID: #7038995