41 1st St NFlensburgMN56328
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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
Rental property for sale in Flensburg at 41 1st St N, Flensburg, MN, 56328 priced at $235,000 pairs $1,908/mo rent with $441/mo cash flow after a $1,150/mo payment. Total monthly income equals $1,908/mo, and annual cash flow comes to $5,289/yr on $77,903 invested. Return on cash invested is 26.7% in year one, and rental yield stands at 9.74% on a $235,000 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,926 by year five. Five-year ROI measures 139.32% and total cumulative return in cash reaches $108,532. For financing, Ziffy Mortgage’s DSCR program evaluates $1,908/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1921
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56328, Flensburg, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29 (100%) |
| Owner Occupied HU | 21 (72.4%) |
| Renter Occupied HU | 5 (17.2%) |
| Vacant Housing Units | 3 (10.3%) |
| Median Home Value | $338,889 |
| Average Home Value | $345,833 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
2
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