320 Western Ave NBrootenMN56316
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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
Rental property for sale in Brooten at 320 Western Ave N, Brooten, MN, 56316 priced at $187,000 pairs $1,479/mo rent with $312/mo cash flow after a $915/mo payment. Total monthly income equals $1,479/mo, and annual cash flow comes to $3,739/yr on $61,991 invested. Return on cash invested is 25.94% in year one, and rental yield stands at 9.49% on a $187,000 basis. Equity gained on principal adds $1,207/yr, and 5% annual appreciation accumulates to $51,665 by year five. Five-year ROI measures 135.28% and total cumulative return in cash reaches $83,862. For financing, Ziffy Mortgage’s DSCR program evaluates $1,479/mo property income against a $915/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56316, Brooten, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 712 (100%) |
| Owner Occupied HU | 490 (68.8%) |
| Renter Occupied HU | 121 (17.0%) |
| Vacant Housing Units | 101 (14.2%) |
| Median Home Value | $329,167 |
| Average Home Value | $436,403 |
Housing Distribution
Address Breakdown
Residential
435
Single Family
413
Multi-Family
22
Businesses
45
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