350 3rd St NEMcIntoshMN56556
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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 McIntosh at 350 3rd St NE, McIntosh, MN, 56556 uses $99,119 cash to close to unlock $9,364/yr annual cash flow and $780/mo monthly cash flow. Total monthly income runs $2,647/mo, and a $1,463/mo payment keeps the spread at $780/mo. Purchase price stands at $299,000, and rental yield measures 10.62% with $2,647/mo rent. Return on cash invested shows 29.36% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 153.61% and total cumulative return in cash records $152,254. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,647/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1997
2.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56556, Mcintosh, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 459 (100%) |
| Owner Occupied HU | 302 (65.8%) |
| Renter Occupied HU | 80 (17.4%) |
| Vacant Housing Units | 77 (16.8%) |
| Median Home Value | $226,531 |
| Average Home Value | $258,709 |
Housing Distribution
Address Breakdown
Residential
424
Single Family
370
Multi-Family
54
Businesses
39
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