700 2nd Ave NWChisholmMN55719
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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
Rental property for sale in Chisholm at 700 2nd Ave NW, Chisholm, MN, 55719 generates $816/mo in rent and, after a $528/mo payment, leaves $142/mo in cash flow. Total monthly income is $816/mo, and annual cash flow is $1,708/yr on $35,769 invested. Return on cash invested sits at 24.68% in year one, and rental yield is 9.08% on a $107,900 entry. Equity gained on principal adds $696/yr, while 5% annual appreciation builds toward $29,811 over five years. Five-year ROI reaches 128.63% and total cumulative return in cash sums $46,008. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $816/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
8,276 sqft lot
$N/A/sqft
No HOA
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Listed by: Bryan Terzich • 1ST Realty Rangewide Inc
Mls Name: Range AOR
Mls ID: #148093
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.