402 E 1st AveBeaver CreekMN56116
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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 Beaver Creek at 402 E 1st Ave, Beaver Creek, MN, 56116 uses $84,035 cash to close to unlock $7,005/yr annual cash flow and $584/mo monthly cash flow. Total monthly income runs $2,167/mo, and a $1,241/mo payment keeps the spread at $584/mo. Purchase price stands at $253,500, and rental yield measures 10.26% with $2,167/mo rent. Return on cash invested shows 28.25% in year one, and 5% annual appreciation builds toward $70,037 over five years. Five-year ROI reaches 147.63% and total cumulative return in cash records $124,061. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,167/mo property income covering a $1,241/mo payment rather than investor’s personal income.
Single Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56116, Beaver Creek, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 271 (100%) |
| Owner Occupied HU | 218 (80.4%) |
| Renter Occupied HU | 42 (15.5%) |
| Vacant Housing Units | 11 ( 4.1%) |
| Median Home Value | $344,118 |
| Average Home Value | $414,083 |
Housing Distribution
Address Breakdown
Residential
204
Single Family
204
Multi-Family
0
Businesses
16
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Listed by: N/A • N/A
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