328 W Melby DrMabelMN55954
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 Mabel at 328 W Melby Dr, Mabel, MN, 55954 at $129,900 posts ROI 30.46% with $379/mo cash flow from $1,190/mo rent. Total monthly income equals $1,190/mo, and annual cash flow records $4,544/yr on $43,062 to close. Return on cash invested measures 30.46% and rental yield reads 10.99% at the current $129,900. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 by year five. Five-year ROI prints 159.55% and total cumulative return in cash totals $68,707.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,190/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55954, Mabel, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 767 (100%) |
| Owner Occupied HU | 525 (68.4%) |
| Renter Occupied HU | 120 (15.6%) |
| Vacant Housing Units | 122 (15.9%) |
| Median Home Value | $197,917 |
| Average Home Value | $287,705 |
Housing Distribution
Address Breakdown
Residential
581
Single Family
557
Multi-Family
24
Businesses
51
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