34311 150th Ave NWNewfoldenMN56738
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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 Newfolden at 34311 150th Ave NW, Newfolden, MN, 56738 earns from $1,562/mo rent with a $1,708/mo payment. Total monthly income totals $1,562/mo. ROI tracks 13.51% on current figures, and rental yield reads 5.37% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 68.58% and total cumulative return in cash sums $79,344. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,562/mo property income instead of your personal income.
Single Family
Built in 1927
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56738, Newfolden, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 639 (100%) |
| Owner Occupied HU | 506 (79.2%) |
| Renter Occupied HU | 76 (11.9%) |
| Vacant Housing Units | 57 ( 8.9%) |
| Median Home Value | $225,248 |
| Average Home Value | $244,783 |
Housing Distribution
Address Breakdown
Residential
501
Single Family
499
Multi-Family
2
Businesses
38
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