312 Broadway Ave ELittle FallsMN56345
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 Little Falls at 312 Broadway Ave E, Little Falls, MN, 56345 at $225,000 posts ROI 32.66% with $792/mo cash flow from $2,197/mo rent. Total monthly income equals $2,197/mo, and annual cash flow records $9,507/yr on $74,588 to close. Return on cash invested measures 32.66% and rental yield reads 11.72% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 171.31% and total cumulative return in cash totals $127,773.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,197/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1945
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56345, Little Falls, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,875 (100%) |
| Owner Occupied HU | 4,612 (67.1%) |
| Renter Occupied HU | 1,869 (27.2%) |
| Vacant Housing Units | 394 ( 5.7%) |
| Median Home Value | $259,428 |
| Average Home Value | $297,151 |
Housing Distribution
Address Breakdown
Residential
6,631
Single Family
5,810
Multi-Family
821
Businesses
555
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Listed by: Renee Stoebe • VoigtJohnson
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6774681