30409 County Highway 1UnderwoodMN56586
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
Investment property for sale in Underwood at 30409 County Highway 1, Underwood, MN, 56586 offers a 9.99% rental yield on a $284,900 purchase with $2,371/mo rent. Total monthly income registers $2,371/mo, and a $1,394/mo payment leaves $592/mo available for distribution. Annual cash flow reaches $7,109/yr on $94,444 to close, and return on cash invested stands at 27.44% in year one. Equity gained on principal adds $1,838/yr while 5% annual appreciation supports $78,713 over five years. Portfolio math shows five-year ROI at 143.31% and total cumulative return in cash at $135,347. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,371/mo property income against a $1,394/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1936
5.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56586, Underwood, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,465 (100%) |
| Owner Occupied HU | 809 (55.2%) |
| Renter Occupied HU | 101 ( 6.9%) |
| Vacant Housing Units | 555 (37.9%) |
| Median Home Value | $384,783 |
| Average Home Value | $447,274 |
Housing Distribution
Address Breakdown
Residential
951
Single Family
931
Multi-Family
20
Businesses
48
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