515th Avenue And 115th StMenahgaMN56464
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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 Menahga at 515th Avenue And 115th St, Menahga, MN, 56464 listed at $100,000 pairs $1,080/mo rent with a $489/mo payment to leave $456/mo cash flow. Total monthly income runs $1,080/mo, and annual cash flow reaches $5,472/yr on $33,150 cash to close. Return on cash invested measures 36.42% in year one, and rental yield registers 12.96% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Five-year ROI tracks 191.4% and total cumulative return in cash totals $63,448. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,080/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56464, Menahga, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,568 (100%) |
| Owner Occupied HU | 1,506 (58.6%) |
| Renter Occupied HU | 337 (13.1%) |
| Vacant Housing Units | 725 (28.2%) |
| Median Home Value | $247,473 |
| Average Home Value | $298,860 |
Housing Distribution
Address Breakdown
Residential
1,921
Single Family
1,828
Multi-Family
93
Businesses
87
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Nearby investment properties with comparable prices
Listed by: Candace Gulsvig • Affinity Real Estate Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6771186
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