407 Atlantic AveDe GraffMN56271
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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 De Graff at 407 Atlantic Ave, De Graff, MN, 56271 uses $49,394 cash to close to unlock $3,550/yr annual cash flow and $296/mo monthly cash flow. Total monthly income runs $1,226/mo, and a $729/mo payment keeps the spread at $296/mo. Purchase price stands at $149,000, and rental yield measures 9.87% with $1,226/mo rent. Return on cash invested shows 27.1% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 141.45% and total cumulative return in cash records $69,868. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,226/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in 1914
0.24 sqft 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
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Listed by: Terri Collins • Hughes Real Estate and Auction
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6690190
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