324 North St WAmboyMN56010
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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 Amboy at 324 North St W, Amboy, MN, 56010 offers $900/mo rent that, after a $514/mo payment, leaves $244/mo cash flow. Total monthly income is $900/mo, and annual cash flow is $2,931/yr on $34,808 cash. Return on cash invested measures 28.33% in year one, and rental yield stands at 10.29% at a $105,000 entry. Equity gained on principal adds $678/yr while 5% annual appreciation compounds into $29,010 by year five. Five-year ROI records 148.18% and total cumulative return in cash reaches $51,578. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $900/mo property income versus a $514/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56010, Amboy, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 527 (100%) |
| Owner Occupied HU | 390 (74.0%) |
| Renter Occupied HU | 83 (15.7%) |
| Vacant Housing Units | 54 (10.2%) |
| Median Home Value | $335,616 |
| Average Home Value | $412,603 |
Housing Distribution
Address Breakdown
Residential
253
Single Family
230
Multi-Family
23
Businesses
29
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