818 6th St SELittle FallsMN56345
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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 Little Falls at 818 6th St SE, Little Falls, MN, 56345 earns $442/mo cash flow from $2,065/mo rent with a $1,272/mo payment. Total monthly income totals $2,065/mo, and annual cash flow totals $5,306/yr on $86,157 capital. ROI tracks 26.07% on current figures, and rental yield reads 9.53% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 135.99% and total cumulative return in cash sums $117,166. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,065/mo property income instead of your personal income.
Single Family
Built in 1961
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56345, Little Falls, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,875 (100%) |
| Owner Occupied HU | 4,612 (67.1%) |
| Renter Occupied HU | 1,869 (27.2%) |
| Vacant Housing Units | 394 ( 5.7%) |
| Median Home Value | $259,428 |
| Average Home Value | $297,151 |
Housing Distribution
Address Breakdown
Residential
6,631
Single Family
5,810
Multi-Family
821
Businesses
555
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Listed by: Chad Schwendeman • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6769513