721 Main StGood ThunderMN56037
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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 Good Thunder at 721 Main St, Good Thunder, MN, 56037 listed at $205,000 pairs $2,044/mo rent with a $1,003/mo payment to leave $764/mo cash flow. Total monthly income runs $2,044/mo, and annual cash flow reaches $9,171/yr on $67,958 cash to close. Return on cash invested measures 33.4% in year one, and rental yield registers 11.96% at a $205,000 basis. Equity gained on principal adds $1,323/yr, and annual property appreciation at 5% supports $56,638 by year five. Five-year ROI tracks 175.35% and total cumulative return in cash totals $119,166. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,044/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1890
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56037, Good Thunder, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 680 (100%) |
| Owner Occupied HU | 552 (81.2%) |
| Renter Occupied HU | 85 (12.5%) |
| Vacant Housing Units | 43 ( 6.3%) |
| Median Home Value | $316,552 |
| Average Home Value | $397,966 |
Housing Distribution
Address Breakdown
Residential
523
Single Family
503
Multi-Family
20
Businesses
16
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Listed by: Amy Klammer • True Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6816240