618 Koronis Ave, Paynesville, MN, 56362 | $120/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Paynesville at 618 Koronis Ave, Paynesville, MN, 56362 offers $1,587/mo rent that, after a $1,150/mo payment, leaves $120/mo cash flow. Total monthly income is $1,587/mo, and annual cash flow is $1,437/yr on $77,903 cash. Return on cash invested measures 21.75% in year one, and rental yield stands at 8.1% at a $235,000 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,926 by year five. Five-year ROI records 112.82% and total cumulative return in cash reaches $87,892. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,587/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1948

0.27 Acres lot

$N/A/sqft

No HOA