412 Riverview Ave SEPine CityMN55063
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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 Pine City at 412 Riverview Ave SE, Pine City, MN, 55063 uses $109,395 cash to close to unlock $4,002/yr annual cash flow and $334/mo monthly cash flow. Total monthly income runs $2,394/mo, and a $1,615/mo payment keeps the spread at $334/mo. Purchase price stands at $330,000, and rental yield measures 8.71% with $2,394/mo rent. Return on cash invested shows 23.57% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 122.55% and total cumulative return in cash records $134,063. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,394/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Townhouse
Built in 2004
0.06 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55063, Pine City, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,878 (100%) |
| Owner Occupied HU | 3,157 (64.7%) |
| Renter Occupied HU | 856 (17.5%) |
| Vacant Housing Units | 865 (17.7%) |
| Median Home Value | $285,815 |
| Average Home Value | $320,475 |
Housing Distribution
Address Breakdown
Residential
4,386
Single Family
4,086
Multi-Family
300
Businesses
292
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