718 Minnesota St WPaynesvilleMN56362
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
Rental property for sale in Paynesville at 718 Minnesota St W, Paynesville, MN, 56362 priced at $209,000 pairs $1,854/mo rent with $549/mo cash flow after a $1,023/mo payment. Total monthly income equals $1,854/mo, and annual cash flow comes to $6,586/yr on $69,284 invested. Return on cash invested is 29.42% in year one, and rental yield stands at 10.64% on a $209,000 basis. Equity gained on principal adds $1,349/yr, and 5% annual appreciation accumulates to $57,743 by year five. Five-year ROI measures 153.91% and total cumulative return in cash reaches $106,634. For financing, Ziffy Mortgage’s DSCR program evaluates $1,854/mo property income against a $1,023/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1895
0.25 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kari Schaefer • Central MN Realty LLC
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6572391
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