36604 478th AveNew York MillsMN56567
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 New York Mills at 36604 478th Ave, New York Mills, MN, 56567 earns from $2,864/mo rent with a $3,915/mo payment. Total monthly income totals $2,864/mo. ROI tracks 10.34% on current figures, and rental yield reads 4.3% at a $799,900 purchase. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $220,998 over five years. Five-year ROI reaches 51.6% and total cumulative return in cash sums $135,792. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,864/mo property income instead of your personal income.
Single Family
Built in 2023
0.99 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Reed • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6641694
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