413 N 6th StKeewatinMN55753
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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 Keewatin at 413 N 6th St, Keewatin, MN, 55753 uses $48,465 cash to close to unlock $9,584/yr annual cash flow and $799/mo monthly cash flow. Total monthly income runs $1,712/mo, and a $716/mo payment keeps the spread at $799/mo. Purchase price stands at $146,200, and rental yield measures 14.05% with $1,712/mo rent. Return on cash invested shows 39.68% in year one, and 5% annual appreciation builds toward $40,392 over five years. Five-year ROI reaches 209% and total cumulative return in cash records $101,293. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,712/mo property income covering a $716/mo payment rather than investor’s personal income.
Single Family
Built in 1960
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55753, Keewatin, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 500 (100%) |
| Owner Occupied HU | 326 (65.2%) |
| Renter Occupied HU | 109 (21.8%) |
| Vacant Housing Units | 65 (13.0%) |
| Median Home Value | $72,222 |
| Average Home Value | $97,661 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
36
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