512 W 5th StGracevilleMN56240
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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 Graceville at 512 W 5th St, Graceville, MN, 56240 uses $51,349 cash to close to unlock $3,059/yr annual cash flow and $255/mo monthly cash flow. Total monthly income runs $1,222/mo, and a $758/mo payment keeps the spread at $255/mo. Purchase price stands at $154,900, and rental yield measures 9.47% with $1,222/mo rent. Return on cash invested shows 25.87% in year one, and 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 134.86% and total cumulative return in cash records $69,248. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,222/mo property income covering a $758/mo payment rather than investor’s personal income.
Single Family
Built in 1975
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56240, Graceville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 419 (100%) |
| Owner Occupied HU | 285 (68.0%) |
| Renter Occupied HU | 71 (16.9%) |
| Vacant Housing Units | 63 (15.0%) |
| Median Home Value | $150,403 |
| Average Home Value | $203,404 |
Housing Distribution
Address Breakdown
Residential
278
Single Family
229
Multi-Family
49
Businesses
38
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Listed by: Cassandra Stanek • Central MN Realty LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6807073