311 Highway 71 NBig FallsMN56627
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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
Rental property for sale in Big Falls at 311 Highway 71 N, Big Falls, MN, 56627 generates $1,969/mo in rent and, after a $783/mo payment, leaves $610/mo in cash flow. Total monthly income is $1,969/mo, and annual cash flow is $7,320/yr on $53,040 invested. Return on cash invested sits at 33.71% in year one, and rental yield is 14.77% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 179.84% and total cumulative return in cash sums $95,390. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,969/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
4 sqft lot
$N/A/sqft
$360 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56627, Big Falls, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 351 (100%) |
| Owner Occupied HU | 152 (43.3%) |
| Renter Occupied HU | 23 ( 6.6%) |
| Vacant Housing Units | 176 (50.1%) |
| Median Home Value | $170,968 |
| Average Home Value | $238,750 |
Housing Distribution
Address Breakdown
Residential
51
Single Family
40
Multi-Family
11
Businesses
12
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices