8045 70th St NEMurdockMN56271
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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 Murdock at 8045 70th St NE, Murdock, MN, 56271 generates $1,253/mo in rent and, after a $796/mo payment, leaves $237/mo in cash flow. Total monthly income is $1,253/mo, and annual cash flow is $2,848/yr on $53,935 invested. Return on cash invested sits at 25.19% in year one, and rental yield is 9.24% on a $162,700 entry. Equity gained on principal adds $1,050/yr, while 5% annual appreciation builds toward $44,951 over five years. Five-year ROI reaches 131.29% and total cumulative return in cash sums $70,809. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,253/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
3.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56271, Murdock, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 507 (100%) |
| Owner Occupied HU | 371 (73.2%) |
| Renter Occupied HU | 72 (14.2%) |
| Vacant Housing Units | 64 (12.6%) |
| Median Home Value | $299,194 |
| Average Home Value | $333,720 |
Housing Distribution
Address Breakdown
Residential
468
Single Family
468
Multi-Family
0
Businesses
36
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Nearby investment properties with comparable prices
Listed by: Jane Vikse • Jane Vikse Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6652666
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