102 Pottery DrOttertailMN56571
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
Rental property for sale in Ottertail at 102 Pottery Dr, Ottertail, MN, 56571 priced at $329,000 converts $1,247/mo rent into after a $1,610/mo obligation. Total monthly income equals $1,247/mo. Return on cash invested prints 11.03% in year one, and rental yield reads 4.55% against a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation compiles into $90,897 by year five. Five-year ROI reaches 55.3% and total cumulative return in cash sums $60,309. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,247/mo property income covering a $1,610/mo payment, not borrower’s personal income.
Single Family
Built in 1999
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56571, Ottertail, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,804 (100%) |
| Owner Occupied HU | 809 (44.8%) |
| Renter Occupied HU | 125 ( 6.9%) |
| Vacant Housing Units | 870 (48.2%) |
| Median Home Value | $404,206 |
| Average Home Value | $472,951 |
Housing Distribution
Address Breakdown
Residential
1,106
Single Family
1,105
Multi-Family
1
Businesses
69
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices