409 Bakken Ave SEFertileMN56540
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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
Rental property for sale in Fertile at 409 Bakken Ave SE, Fertile, MN, 56540 generates $3,209/mo in rent and, after a $1,860/mo payment, leaves $836/mo in cash flow. Total monthly income is $3,209/mo, and annual cash flow is $10,032/yr on $125,970 invested. Return on cash invested sits at 27.87% in year one, and rental yield is 10.13% on a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 145.61% and total cumulative return in cash sums $183,421. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,209/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56540, Fertile, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 871 (100%) |
| Owner Occupied HU | 613 (70.4%) |
| Renter Occupied HU | 137 (15.7%) |
| Vacant Housing Units | 121 (13.9%) |
| Median Home Value | $247,951 |
| Average Home Value | $263,740 |
Housing Distribution
Address Breakdown
Residential
800
Single Family
721
Multi-Family
79
Businesses
60
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Listed by: Sherry Coauette • LeBlanc Realty
Mls Name: GFBMLS
Mls Provider:
Mls ID: #24-1330
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.