604 W 7th AveOsakisMN56360
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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 Osakis at 604 W 7th Ave, Osakis, MN, 56360 uses $158,789 cash to close to unlock $4,312/yr annual cash flow and $359/mo monthly cash flow. Total monthly income runs $3,350/mo, and a $2,344/mo payment keeps the spread at $359/mo. Purchase price stands at $479,000, and rental yield measures 8.39% with $3,350/mo rent. Return on cash invested shows 22.62% in year one, and 5% annual appreciation builds toward $132,339 over five years. Five-year ROI reaches 117.49% and total cumulative return in cash records $186,555. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,350/mo property income covering a $2,344/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56360, Osakis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,701 (100%) |
| Owner Occupied HU | 1,453 (53.8%) |
| Renter Occupied HU | 315 (11.7%) |
| Vacant Housing Units | 933 (34.5%) |
| Median Home Value | $307,944 |
| Average Home Value | $348,918 |
Housing Distribution
Address Breakdown
Residential
1,725
Single Family
1,610
Multi-Family
115
Businesses
98
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