312 Lincoln AveCrookstonMN56716
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 Crookston at 312 Lincoln Ave, Crookston, MN, 56716 listed at $168,500 pairs $970/mo rent with a $825/mo payment. Total monthly income runs $970/mo. Return on cash invested measures 18.14% in year one, and rental yield registers 6.91% at a $168,500 basis. Equity gained on principal adds $1,087/yr, and annual property appreciation at 5% supports $46,553 by year five. Five-year ROI tracks 93.44% and total cumulative return in cash totals $52,194. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $970/mo property income relative to a $825/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1936
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56716, Crookston, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,004 (100%) |
| Owner Occupied HU | 2,251 (56.2%) |
| Renter Occupied HU | 1,341 (33.5%) |
| Vacant Housing Units | 412 (10.3%) |
| Median Home Value | $222,603 |
| Average Home Value | $254,122 |
Housing Distribution
Address Breakdown
Residential
3,784
Single Family
3,146
Multi-Family
638
Businesses
378
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kalie Normandin • LeBlanc Realty
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-417
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.