510 Division StGaylordMN55334
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 510 Division St, Gaylord, MN, 55334 offers a 8.6% rental yield on a $240,000 purchase with $1,720/mo rent. Total monthly income registers $1,720/mo, and a $1,175/mo payment leaves $221/mo available for distribution. Annual cash flow reaches $2,652/yr on $79,560 to close, and return on cash invested stands at 23.24% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 120.79% and total cumulative return in cash at $96,098. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,720/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
0.26 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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Nearby investment properties with comparable prices
Listed by: Lindsay Thomes • True Real Estate
Mls Name: RASM
Mls Provider:
Mls ID: #7037127
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, REALTOR Association of Southern MN. All Rights Reserved. Last Updated: 2025-04-11 10:46:44 PDT