56498 County Highway 58New York MillsMN56567
Nearby investment properties with comparable rents
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 New York Mills at 56498 County Highway 58, New York Mills, MN, 56567 earns from $720/mo rent with a $2,570/mo payment. Total monthly income totals $720/mo. ROI tracks 2.28% on current figures, and rental yield reads 1.65% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 8.38% and total cumulative return in cash sums $14,469. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $720/mo property income instead of your personal income.
Single Family
Built in 2021
8.80 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie M Bormann • Coldwell Banker Preferred Partners
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6656702
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