1008 Laurel StLittleforkMN56653
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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 Littlefork at 1008 Laurel St, Littlefork, MN, 56653 offers a 4.76% rental yield on a $180,000 purchase with $714/mo rent. 66% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 58.69% and total cumulative return in cash at $35,021. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $714/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56653, Littlefork, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 709 (100%) |
| Owner Occupied HU | 444 (62.6%) |
| Renter Occupied HU | 82 (11.6%) |
| Vacant Housing Units | 183 (25.8%) |
| Median Home Value | $178,571 |
| Average Home Value | $220,405 |
Housing Distribution
Address Breakdown
Residential
343
Single Family
320
Multi-Family
23
Businesses
30
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Listed by: Lindsay Kay Jones • Island View Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6818404