409 Hummingbird LnNew York MillsMN56567








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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 New York Mills at 409 Hummingbird Ln, New York Mills, MN, 56567 listed at $319,900 pairs $2,740/mo rent with a $1,566/mo payment to leave $742/mo cash flow. Total monthly income runs $2,740/mo, and annual cash flow reaches $8,906/yr on $106,047 cash to close. Return on cash invested measures 28.31% in year one, and rental yield registers 10.28% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 147.98% and total cumulative return in cash totals $156,932. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,740/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
1.16 Acres lot
$N/A/sqft
No HOA
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Listed by: Stephanie Hoyhtya • Coldwell Banker Preferred Partners
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6674064








