38092 County Highway 44RichvilleMN56576
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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 Richville at 38092 County Highway 44, Richville, MN, 56576 offers a 5.54% rental yield on a $334,000 purchase with $1,542/mo rent. 01% in year one. Equity gained on principal adds $2,155/yr while 5% annual appreciation supports $92,278 over five years. Portfolio math shows five-year ROI at 71.34% and total cumulative return in cash at $78,990. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,542/mo property income against a $1,635/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1932
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56576, Richville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 983 (100%) |
| Owner Occupied HU | 359 (36.5%) |
| Renter Occupied HU | 52 ( 5.3%) |
| Vacant Housing Units | 572 (58.2%) |
| Median Home Value | $416,154 |
| Average Home Value | $465,982 |
Housing Distribution
Address Breakdown
Residential
554
Single Family
554
Multi-Family
0
Businesses
14
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