309 Minnie StPaynesvilleMN56362








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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 Paynesville at 309 Minnie St, Paynesville, MN, 56362 uses $65,471 cash to close to unlock $5,429/yr annual cash flow and $452/mo monthly cash flow. Total monthly income runs $1,686/mo, and a $967/mo payment keeps the spread at $452/mo. Purchase price stands at $197,500, and rental yield measures 10.24% with $1,686/mo rent. Return on cash invested shows 28.2% in year one, and 5% annual appreciation builds toward $54,566 over five years. Five-year ROI reaches 147.42% and total cumulative return in cash records $96,519. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,686/mo property income covering a $967/mo payment rather than investor’s personal income.
Single Family
Built in 1943
0.33 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Sheri L Peterson • Riverwood Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6769934








