319 Main St NEMenahgaMN56464
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 Menahga at 319 Main St NE, Menahga, MN, 56464 at $129,000 posts ROI 42.07% with $790/mo cash flow from $1,595/mo rent. Total monthly income equals $1,595/mo, and annual cash flow records $9,478/yr on $42,764 to close. Return on cash invested measures 42.07% and rental yield reads 14.84% at the current $129,000. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 by year five. Five-year ROI prints 221.77% and total cumulative return in cash totals $94,837.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,595/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56464, Menahga, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,568 (100%) |
| Owner Occupied HU | 1,506 (58.6%) |
| Renter Occupied HU | 337 (13.1%) |
| Vacant Housing Units | 725 (28.2%) |
| Median Home Value | $247,473 |
| Average Home Value | $298,860 |
Housing Distribution
Address Breakdown
Residential
1,921
Single Family
1,828
Multi-Family
93
Businesses
87
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janelle Dawn Lake • National Realty Guild
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6552660
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