608 4th StKelliherMN56650
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 Kelliher at 608 4th St, Kelliher, MN, 56650 earns $807/mo cash flow from $2,305/mo rent with a $1,174/mo payment. Total monthly income totals $2,305/mo, and annual cash flow totals $9,687/yr on $79,494 capital. ROI tracks 32.1% on current figures, and rental yield reads 11.53% at a $239,800 purchase. Equity gained on principal adds $1,547/yr, and 5% annual appreciation supports $66,252 over five years. Five-year ROI reaches 168.31% and total cumulative return in cash sums $133,799. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,305/mo property income instead of your personal income.
Manufactured
Built in 1995
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56650, Kelliher, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 566 (100%) |
| Owner Occupied HU | 267 (47.2%) |
| Renter Occupied HU | 63 (11.1%) |
| Vacant Housing Units | 236 (41.7%) |
| Median Home Value | $233,108 |
| Average Home Value | $257,978 |
Housing Distribution
Address Breakdown
Residential
240
Single Family
224
Multi-Family
16
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices