841 Main St NBrowervilleMN56438
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
Investment property for sale in Browerville at 841 Main St N, Browerville, MN, 56438 offers a 9.71% rental yield on a $169,900 purchase with $1,375/mo rent. Total monthly income registers $1,375/mo, and a $832/mo payment leaves $314/mo available for distribution. Annual cash flow reaches $3,764/yr on $56,322 to close, and return on cash invested stands at 26.59% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 138.77% and total cumulative return in cash at $78,158. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,375/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56438, Browerville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,474 (100%) |
| Owner Occupied HU | 962 (65.3%) |
| Renter Occupied HU | 215 (14.6%) |
| Vacant Housing Units | 297 (20.1%) |
| Median Home Value | $247,810 |
| Average Home Value | $279,891 |
Housing Distribution
Address Breakdown
Residential
1,007
Single Family
953
Multi-Family
54
Businesses
39
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Listed by: Melissa Terwey • East-West Realty of Long Prairie, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6825204