321 3rd St, Red Lake Falls, MN 56750

4 bd · 1 ba · 1,904 sqft · built 1892 · Red Lake Falls · SINGLE_FAMILY·source listing ↗

$219,000

rent, three ways

OnePercent model (vv1)$2,149/mo

p10–p90 confidence band

HUD Fair Market Rent · 56750 · 4BR$1,490/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Red Lake

Flood risk indexRelatively Low FEMA NRI

Median household income$71,875

Median area rent$513/mo

Median home value$165,300

the verdict

0.98%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$219,000

0.98% · rent $2,149

Intrinsic value · income approach

$216,306

1% above intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.