523 W Mill St, Paynesville, MN, 56362 | $652/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1641 sft

29684 650th Ave, Litchfield, MN, 55355

2 Bed
2 Bath
977 sft

65146 365th St, Watkins, MN, 55389

Investment Property+ 3 more

2 Bed
2 Bath
1557 sft

17788 Raymond Ave, Richmond, MN, 56368

1 Bed
1 Bath
385 sft

18096-1 Browns Lake Rd, Richmond, MN, 56368

Nearby investment properties with comparable prices

4 Bed
1 Bath
1939 sft

150 Highway 4 N, Melrose, MN, 56352

2 Bed
2 Bath
936 sft

332 E 5th St, Litchfield, MN, 55355

2 Bed
1 Bath
1440 sft

15729 232nd Ave NE, Hawick, MN, 56273

2 Bed
2 Bath
1964 sft

323 W Weisel St, Litchfield, MN, 55355

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Paynesville at 523 W Mill St, Paynesville, MN, 56362 with 5% annual appreciation on a $184,900 basis while $1,807/mo rent supports operations. Total monthly income totals $1,807/mo and a $905/mo payment preserves $652/mo for cash returns. Annual cash flow comes to $7,829/yr on $61,294 deployed, and return on cash invested reaches 32.68% in year one. Equity gained on principal adds $1,193/yr, and five-year appreciation sums $51,084 alongside rental yield of 11.73%. Five-year ROI measures 171.45% and total cumulative return in cash totals $105,091.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,807/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1959

7,840 sqft lot

$N/A/sqft

No HOA