324 8th St NEChisholmMN55719
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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 Chisholm at 324 8th St NE, Chisholm, MN, 55719 generates $2,786/mo in rent and, after a $1,810/mo payment, leaves $477/mo in cash flow. Total monthly income is $2,786/mo, and annual cash flow is $5,720/yr on $122,622 invested. Return on cash invested sits at 24.57% in year one, and rental yield is 9.04% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 127.93% and total cumulative return in cash sums $156,874. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,786/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
9,147 sqft lot
$N/A/sqft
No HOA
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Listed by: Greg Perrella • Perrella & Associates
Mls Name: Range AOR
Mls ID: #147939
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