411 Russ Parta DrNew 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 411 Russ Parta Dr, New York Mills, MN, 56567 with 5% annual appreciation on a $359,000 basis while $720/mo rent supports operations. 57% in year one. Equity gained on principal adds $2,317/yr, and five-year appreciation sums $99,185 alongside rental yield of 2.41%. Five-year ROI measures 20.65% and total cumulative return in cash totals $24,571. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $720/mo property income versus a $1,757/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
0.46 Acres lot
$N/A/sqft
No HOA
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Listed by: Brian Kneisl • Century 21 Atwood
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6753536