407 S 2nd StFisherMN56723
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 Fisher at 407 S 2nd St, Fisher, MN, 56723 listed at $329,000 pairs $1,720/mo rent with a $1,610/mo payment. Total monthly income runs $1,720/mo. Return on cash invested measures 16.23% in year one, and rental yield registers 6.27% at a $329,000 basis. Equity gained on principal adds $2,123/yr, and annual property appreciation at 5% supports $90,897 by year five. Five-year ROI tracks 83.2% and total cumulative return in cash totals $90,741. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,720/mo property income relative to a $1,610/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1982
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56723, Fisher, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 385 (100%) |
| Owner Occupied HU | 291 (75.6%) |
| Renter Occupied HU | 61 (15.8%) |
| Vacant Housing Units | 33 ( 8.6%) |
| Median Home Value | $278,636 |
| Average Home Value | $300,790 |
Housing Distribution
Address Breakdown
Residential
302
Single Family
287
Multi-Family
15
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices