3491 County Road 24International FallsMN56649
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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 International Falls at 3491 County Road 24, International Falls, MN, 56649 earns $1,025/mo cash flow from $2,639/mo rent with a $1,265/mo payment. Total monthly income totals $2,639/mo, and annual cash flow totals $12,300/yr on $85,693 capital. ROI tracks 34.26% on current figures, and rental yield reads 12.25% at a $258,500 purchase. Equity gained on principal adds $1,668/yr, and 5% annual appreciation supports $71,419 over five years. Five-year ROI reaches 179.93% and total cumulative return in cash sums $154,191. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,639/mo property income instead of your personal income.
Single Family
Built in 1920
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56649, International Falls, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,199 (100%) |
| Owner Occupied HU | 3,179 (61.1%) |
| Renter Occupied HU | 992 (19.1%) |
| Vacant Housing Units | 1,028 (19.8%) |
| Median Home Value | $167,385 |
| Average Home Value | $236,025 |
Housing Distribution
Address Breakdown
Residential
4,209
Single Family
3,857
Multi-Family
352
Businesses
360
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