46704 County Road 613NashwaukMN55769
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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
Rental property for sale in Nashwauk at 46704 County Road 613, Nashwauk, MN, 55769 generates $2,042/mo in rent, after a $2,912/mo payment. Total monthly income is $2,042/mo. Return on cash invested sits at 9.8% in year one, and rental yield is 4.12% on a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 48.68% and total cumulative return in cash sums $95,294. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,042/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55769, Nashwauk, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,475 (100%) |
| Owner Occupied HU | 870 (59.0%) |
| Renter Occupied HU | 191 (12.9%) |
| Vacant Housing Units | 414 (28.1%) |
| Median Home Value | $207,692 |
| Average Home Value | $273,595 |
Housing Distribution
Address Breakdown
Residential
1,095
Single Family
1,053
Multi-Family
42
Businesses
70
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