304 1st St NWGrand MeadowMN55936
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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 Grand Meadow at 304 1st St NW, Grand Meadow, MN, 55936 earns $474/mo cash flow from $1,598/mo rent with a $881/mo payment. Total monthly income totals $1,598/mo, and annual cash flow totals $5,690/yr on $59,637 capital. ROI tracks 29.45% on current figures, and rental yield reads 10.66% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 154.17% and total cumulative return in cash sums $91,941. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,598/mo property income instead of your personal income.
Single Family
Built in 1982
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55936, Grand Meadow, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 758 (100%) |
| Owner Occupied HU | 573 (75.6%) |
| Renter Occupied HU | 131 (17.3%) |
| Vacant Housing Units | 54 ( 7.1%) |
| Median Home Value | $324,206 |
| Average Home Value | $399,337 |
Housing Distribution
Address Breakdown
Residential
554
Single Family
520
Multi-Family
34
Businesses
58
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Listed by: Ryan Queensland • Land Resource Mgmt & Rlty Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6789193