602 1st StHawleyMN56549
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 Hawley at 602 1st St, Hawley, MN, 56549 earns $123/mo cash flow from $945/mo rent with a $587/mo payment. Total monthly income totals $945/mo, and annual cash flow totals $1,472/yr on $39,780 capital. ROI tracks 23.61% on current figures, and rental yield reads 9.45% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 123.58% and total cumulative return in cash sums $49,159. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $945/mo property income instead of your personal income.
Single Family
Built in 1953
9,147 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Grethe Beyer • Beyond Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6734253
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