845 9th Ave, Granite Falls, MN, 56241 | 5.02% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $732/mo, and a $856/mo payment. Purchase price stands at $174,900, and rental yield measures 5.02% with $732/mo rent. Return on cash invested shows 12.46% in year one, and 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 62.96% and total cumulative return in cash records $36,504. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $732/mo property income covering a $856/mo payment rather than investor’s personal income.

Single Family

Built in 1954

6,969 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 56241, Granite Falls, MN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,873 (100%)
Owner Occupied HU	1,248 (66.6%)
Renter Occupied HU	435 (23.2%)
Vacant Housing Units	190 (10.1%)
Median Home Value	$208,222
Average Home Value	$238,227