514 Michigan Ave W, Walker, MN, 56484 | $1,102/mo Cash Flow

For Sale

Currently Rented

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

Rental property for sale in Walker at 514 Michigan Ave W, Walker, MN, 56484 priced at $239,900 converts $2,600/mo rent into $1,102/mo cash flow after a $1,174/mo obligation. Total monthly income equals $2,600/mo, and annual cash flow totals $13,226/yr on $79,527 invested. Return on cash invested prints 36.54% in year one, and rental yield reads 13.01% against a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation compiles into $66,280 by year five. Five-year ROI reaches 192.16% and total cumulative return in cash sums $152,815. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,600/mo property income covering a $1,174/mo payment, not borrower’s personal income.

Multi Family

Built in 1960

0.13 sqft lot

$N/A/sqft

No HOA