420 8th StGaylordMN55334
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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 Gaylord at 420 8th St, Gaylord, MN, 55334 uses $87,848 cash to close to unlock $2,883/yr annual cash flow and $240/mo monthly cash flow. Total monthly income runs $1,895/mo, and a $1,297/mo payment keeps the spread at $240/mo. Purchase price stands at $265,000, and rental yield measures 8.58% with $1,895/mo rent. Return on cash invested shows 23.19% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 120.55% and total cumulative return in cash records $105,903. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,895/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1952
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55334, Gaylord, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,261 (100%) |
| Owner Occupied HU | 817 (64.8%) |
| Renter Occupied HU | 357 (28.3%) |
| Vacant Housing Units | 87 ( 6.9%) |
| Median Home Value | $213,916 |
| Average Home Value | $253,807 |
Housing Distribution
Address Breakdown
Residential
782
Single Family
543
Multi-Family
239
Businesses
123
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