406 4th Ave NWBarnesvilleMN56514
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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 Barnesville at 406 4th Ave NW, Barnesville, MN, 56514 earns $213/mo cash flow from $1,244/mo rent with a $808/mo payment. Total monthly income totals $1,244/mo, and annual cash flow totals $2,559/yr on $54,698 capital. ROI tracks 24.59% on current figures, and rental yield reads 9.05% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 128.1% and total cumulative return in cash sums $70,067. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,244/mo property income instead of your personal income.
Single Family
Built in 1940
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56514, Barnesville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,584 (100%) |
| Owner Occupied HU | 1,246 (78.7%) |
| Renter Occupied HU | 256 (16.2%) |
| Vacant Housing Units | 82 ( 5.2%) |
| Median Home Value | $289,750 |
| Average Home Value | $309,394 |
Housing Distribution
Address Breakdown
Residential
1,442
Single Family
1,380
Multi-Family
62
Businesses
98
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Listed by: N/A • N/A
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