54997 County Highway 56, New York Mills, MN, 56567 | $142/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

Rental property for sale in New York Mills at 54997 County Highway 56, New York Mills, MN, 56567 generates $2,514/mo in rent and, after a $1,859/mo payment, leaves $142/mo in cash flow. Total monthly income is $2,514/mo, and annual cash flow is $1,706/yr on $125,937 invested. Return on cash invested sits at 21.26% in year one, and rental yield is 7.94% on a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 110.2% and total cumulative return in cash sums $138,785. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,514/mo property income rather than buyer’s personal income.

Single Family

Built in 1929

8.07 Acres lot

$N/A/sqft

No HOA