326 NW 1st StGranadaMN56039
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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
Investment property for sale in Granada at 326 NW 1st St, Granada, MN, 56039 uses $49,692 cash to close to unlock $2,672/yr annual cash flow and $223/mo monthly cash flow. Total monthly income runs $1,159/mo, and a $734/mo payment keeps the spread at $223/mo. Purchase price stands at $149,900, and rental yield measures 9.28% with $1,159/mo rent. Return on cash invested shows 25.29% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 131.8% and total cumulative return in cash records $65,495. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,159/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1917
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56039, Granada, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 460 (100%) |
| Owner Occupied HU | 351 (76.3%) |
| Renter Occupied HU | 51 (11.1%) |
| Vacant Housing Units | 58 (12.6%) |
| Median Home Value | $270,745 |
| Average Home Value | $336,254 |
Housing Distribution
Address Breakdown
Residential
355
Single Family
355
Multi-Family
0
Businesses
16
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