2113 210th StMahnomenMN56557
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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 Mahnomen at 2113 210th St, Mahnomen, MN, 56557 offers a 0% rental yield on a $240,000 purchase with $0/mo rent. 7% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1931
6.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56557, Mahnomen, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,172 (100%) |
| Owner Occupied HU | 633 (54.0%) |
| Renter Occupied HU | 412 (35.2%) |
| Vacant Housing Units | 127 (10.8%) |
| Median Home Value | $161,343 |
| Average Home Value | $199,325 |
Housing Distribution
Address Breakdown
Residential
887
Single Family
755
Multi-Family
132
Businesses
106
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