226 Maple Ave NThief River FallsMN56701
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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 Thief River Falls at 226 Maple Ave N, Thief River Falls, MN, 56701 listed at $239,900 pairs $1,536/mo rent with a $1,174/mo payment to leave $17/mo cash flow. Total monthly income runs $1,536/mo, and annual cash flow reaches $198/yr on $79,527 cash to close. Return on cash invested measures 20.16% in year one, and rental yield registers 7.68% at a $239,900 basis. Equity gained on principal adds $1,548/yr, and annual property appreciation at 5% supports $66,280 by year five. Five-year ROI tracks 104.4% and total cumulative return in cash totals $83,023. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,536/mo property income relative to a $1,174/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56701, Thief River Falls, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,119 (100%) |
| Owner Occupied HU | 3,882 (63.4%) |
| Renter Occupied HU | 1,728 (28.2%) |
| Vacant Housing Units | 509 ( 8.3%) |
| Median Home Value | $225,599 |
| Average Home Value | $260,832 |
Housing Distribution
Address Breakdown
Residential
6,155
Single Family
4,913
Multi-Family
1,242
Businesses
548
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Nearby investment properties with comparable prices
Listed by: Trisha Champ • Rogue Real Estate Co.
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6608164
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