404 Montana AveDe GraffMN56271
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 De Graff at 404 Montana Ave, De Graff, MN, 56271 offers a 7.45% rental yield on a $194,000 purchase with $1,204/mo rent. 76% in year one. Equity gained on principal adds $1,252/yr while 5% annual appreciation supports $53,599 over five years. Portfolio math shows five-year ROI at 102.21% and total cumulative return in cash at $65,732. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,204/mo property income against a $950/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56271, Murdock, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 507 (100%) |
| Owner Occupied HU | 371 (73.2%) |
| Renter Occupied HU | 72 (14.2%) |
| Vacant Housing Units | 64 (12.6%) |
| Median Home Value | $299,194 |
| Average Home Value | $333,720 |
Housing Distribution
Address Breakdown
Residential
468
Single Family
468
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Klingbeil • Century 21 First Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6615226
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