600 Birch Ave NNew RichlandMN56072
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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
Investment Highlights
Investment property for sale in New Richland at 600 Birch Ave N, New Richland, MN, 56072 listed at $320,000 pairs $2,684/mo rent with a $1,566/mo payment to leave $686/mo cash flow. Total monthly income runs $2,684/mo, and annual cash flow reaches $8,232/yr on $106,080 cash to close. Return on cash invested measures 27.67% in year one, and rental yield registers 10.06% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 144.52% and total cumulative return in cash totals $153,303. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,684/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56072, New Richland, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,015 (100%) |
| Owner Occupied HU | 780 (76.8%) |
| Renter Occupied HU | 138 (13.6%) |
| Vacant Housing Units | 97 ( 9.6%) |
| Median Home Value | $207,292 |
| Average Home Value | $282,580 |
Housing Distribution
Address Breakdown
Residential
855
Single Family
834
Multi-Family
21
Businesses
59
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Listed by: Debra L. Schmidt • Help-U-Sell Heritage Real Est.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6814838