412 Russ Parta Dr, New York Mills, MN, 56567 | 3.14% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1248 sft

48300 366th St, New York Mills, MN, 56567

4 Bed
2 Bath
3060 sft

56715 480th St, New York Mills, MN, 56567

3 Bed
2 Bath
1680 sft

42845 Sunshine Villa Dr, New York Mills, MN, 56567

3 Bed
2 Bath
15000 sft

411 Russ Parta Dr, New York Mills, MN, 56567

Nearby investment properties with comparable prices

3 Bed
1 Bath
924 sft

35336 Northern Lights Dr, Richville, MN, 56576

2 Bed
1 Bath
520 sft

35686 Rush Lake Loop #4, Ottertail, MN, 56571

2 Bed
1 Bath
1720 sft

47213 615th Ave, Sebeka, MN, 56477

4 Bed
2 Bath
3168 sft

32541 615th Ave, Wadena, MN, 56482

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in New York Mills at 412 Russ Parta Dr, New York Mills, MN, 56567 at $274,900 posts ROI 6.79% with from $720/mo rent. Total monthly income equals $720/mo. Return on cash invested measures 6.79% and rental yield reads 3.14% at the current $274,900. Equity gained on principal adds $1,774/yr, and 5% annual appreciation supports $75,950 by year five. Five-year ROI prints 32.56% and total cumulative return in cash totals $29,667. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $720/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2025

0.40 Acres lot

$N/A/sqft

No HOA