507 1st Ave SE, Glenwood, MN, 56334 | $522/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Glenwood at 507 1st Ave SE, Glenwood, MN, 56334 offers a 10.98% rental yield on a $179,900 purchase with $1,646/mo rent. Total monthly income registers $1,646/mo, and a $881/mo payment leaves $522/mo available for distribution. Annual cash flow reaches $6,266/yr on $59,637 to close, and return on cash invested stands at 30.42% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 159.34% and total cumulative return in cash at $95,025. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,646/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1907

6,969 sqft lot

$N/A/sqft

No HOA