512 3rd Ave NWByronMN55920
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 Byron at 512 3rd Ave NW, Byron, MN, 55920 at $297,000 posts ROI 28.33% with $691/mo cash flow from $2,771/mo rent. Total monthly income equals $2,771/mo, and annual cash flow records $8,293/yr on $98,456 to close. Return on cash invested measures 28.33% and rental yield reads 11.2% at the current $297,000. Equity gained on principal adds $1,916/yr, and 5% annual appreciation supports $82,056 by year five. Five-year ROI prints 149.12% and total cumulative return in cash totals $146,814.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,771/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2001
6,969 sqft lot
$N/A/sqft
$225 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Breanna Kohn • Keller Williams Premier Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6597757
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