407 16th St NEDilworthMN56529
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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 Dilworth at 407 16th St NE, Dilworth, MN, 56529 offers a 6.73% rental yield on a $344,900 purchase with $1,934/mo rent. 6% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,290 over five years. Portfolio math shows five-year ROI at 90.57% and total cumulative return in cash at $103,557. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,934/mo property income against a $1,688/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56529, Dilworth, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,928 (100%) |
| Owner Occupied HU | 1,334 (69.2%) |
| Renter Occupied HU | 487 (25.3%) |
| Vacant Housing Units | 107 ( 5.5%) |
| Median Home Value | $336,181 |
| Average Home Value | $443,460 |
Housing Distribution
Address Breakdown
Residential
1,867
Single Family
1,420
Multi-Family
447
Businesses
107
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