517 1st St NE, Deer River, MN, 56636 | $786/mo Cash Flow

For Sale

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

Investment property for sale in Deer River at 517 1st St NE, Deer River, MN, 56636 uses $72,599 cash to close to unlock $9,436/yr annual cash flow and $786/mo monthly cash flow. Total monthly income runs $2,154/mo, and a $1,072/mo payment keeps the spread at $786/mo. Purchase price stands at $219,000, and rental yield measures 11.8% with $2,154/mo rent. Return on cash invested shows 32.91% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 172.64% and total cumulative return in cash records $125,337. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,154/mo property income covering a $1,072/mo payment rather than investor’s personal income.

Single Family

Built in 1948

0.30 Acres lot

$N/A/sqft

No HOA