409 6th Ave NWLittle FallsMN56345
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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 Little Falls at 409 6th Ave NW, Little Falls, MN, 56345 uses $71,239 cash to close to unlock $5,219/yr annual cash flow and $435/mo monthly cash flow. Total monthly income runs $1,777/mo, and a $1,052/mo payment keeps the spread at $435/mo. Purchase price stands at $214,900, and rental yield measures 9.92% with $1,777/mo rent. Return on cash invested shows 27.23% in year one, and 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 142.19% and total cumulative return in cash records $101,298. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,777/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1938
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56345, Little Falls, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,875 (100%) |
| Owner Occupied HU | 4,612 (67.1%) |
| Renter Occupied HU | 1,869 (27.2%) |
| Vacant Housing Units | 394 ( 5.7%) |
| Median Home Value | $259,428 |
| Average Home Value | $297,151 |
Housing Distribution
Address Breakdown
Residential
6,631
Single Family
5,810
Multi-Family
821
Businesses
555
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Listed by: Jacqui Wilczek • Premier Real Estate Services
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6821053