305 1st Ave NWByronMN55920
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 Byron at 305 1st Ave NW, Byron, MN, 55920 at $194,900 posts ROI 51.67% with $1,710/mo cash flow from $2,927/mo rent. Total monthly income equals $2,927/mo, and annual cash flow records $20,519/yr on $64,609 to close. Return on cash invested measures 51.67% and rental yield reads 18.02% at the current $194,900. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,847 by year five. Five-year ROI prints 273.2% and total cumulative return in cash totals $176,511.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,927/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1880
9,147 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Frank Hough • Minnesota First Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6612459
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