38509 8th AveNorth BranchMN55056
Nearby investment properties with comparable rents
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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 North Branch at 38509 8th Ave, North Branch, MN, 55056 earns $283/mo cash flow from $2,212/mo rent with a $1,512/mo payment. Total monthly income totals $2,212/mo, and annual cash flow totals $3,394/yr on $102,434 capital. ROI tracks 23.22% on current figures, and rental yield reads 8.59% at a $309,000 purchase. Equity gained on principal adds $1,994/yr, and 5% annual appreciation supports $85,371 over five years. Five-year ROI reaches 120.67% and total cumulative return in cash sums $123,605. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,212/mo property income instead of your personal income.
Single Family
Built in 1997
10,367 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55056, North Branch, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,023 (100%) |
| Owner Occupied HU | 5,048 (83.8%) |
| Renter Occupied HU | 744 (12.4%) |
| Vacant Housing Units | 231 ( 3.8%) |
| Median Home Value | $344,979 |
| Average Home Value | $379,715 |
Housing Distribution
Address Breakdown
Residential
5,878
Single Family
5,217
Multi-Family
661
Businesses
335
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Listed by: Brandon Saloka • GRAND PROPERTIES REAL ESTATE
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7008254