3rd Ave NE, Milaca, MN, 56353 | 4.13% Rental Yield

For Sale

Listed for sale 3 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,032/mo, and a $1,468/mo payment. Purchase price stands at $299,900, and rental yield measures 4.13% with $1,032/mo rent. Return on cash invested shows 9.76% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 48.53% and total cumulative return in cash records $48,244. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,032/mo property income covering a $1,468/mo payment rather than investor’s personal income.

Single Family

Built in 2026

7,143 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 56353, Milaca, MN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,111 (100%)
Owner Occupied HU	2,998 (72.9%)
Renter Occupied HU	833 (20.3%)
Vacant Housing Units	280 ( 6.8%)
Median Home Value	$274,311
Average Home Value	$300,156