234 Central AveKnife RiverMN55609
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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 Knife River at 234 Central Ave, Knife River, MN, 55609 priced at $379,000 pairs $0/mo rent with after a $1,855/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.7% in year one, and rental yield stands at 0% on a $379,000 basis. Equity gained on principal adds $2,446/yr, and 5% annual appreciation accumulates to $104,711 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,855/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1949
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55609, Knife River, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
21
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Loren Johnston • Lewis & Clark, LLC
Mls Name: Lake Superior Area Realtors
Mls ID: #6122157