308 S Oak St,Hendricks,MN,56136

Investment Highlights

Rental property for sale in Hendricks at 308 S Oak St, Hendricks, MN, 56136 generates $912/mo in rent and, after a $526/mo payment, leaves $241/mo in cash flow. Total monthly income is $912/mo, and annual cash flow is $2,891/yr on $35,636 invested. Return on cash invested sits at 28.02% in year one, and rental yield is 10.18% on a $107,500 entry. Equity gained on principal adds $694/yr, while 5% annual appreciation builds toward $29,700 over five years. Five-year ROI reaches 146.43% and total cumulative return in cash sums $52,183. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $912/mo property income rather than buyer’s personal income.