307 Washington Ave NEFertileMN56540
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 Fertile at 307 Washington Ave NE, Fertile, MN, 56540 at $175,000 posts ROI 42.2% with $1,078/mo cash flow from $2,171/mo rent. Total monthly income equals $2,171/mo, and annual cash flow records $12,933/yr on $58,013 to close. Return on cash invested measures 42.2% and rental yield reads 14.89% at the current $175,000. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 by year five. Five-year ROI prints 222.48% and total cumulative return in cash totals $129,067.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,171/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56540, Fertile, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 871 (100%) |
| Owner Occupied HU | 613 (70.4%) |
| Renter Occupied HU | 137 (15.7%) |
| Vacant Housing Units | 121 (13.9%) |
| Median Home Value | $247,951 |
| Average Home Value | $263,740 |
Housing Distribution
Address Breakdown
Residential
800
Single Family
721
Multi-Family
79
Businesses
60
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Nearby investment properties with comparable prices
Listed by: Brandyn Dahl • Home Crown Realty LLC
Mls Name: FMARMLS
Mls Provider:
Mls ID: #6606713
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.