10328 County Highway 5Pelican RapidsMN56572
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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 Pelican Rapids at 10328 County Highway 5, Pelican Rapids, MN, 56572 offers a 4.97% rental yield on a $814,300 purchase with $3,372/mo rent. 39% in year one. Equity gained on principal adds $5,255/yr while 5% annual appreciation supports $224,976 over five years. Portfolio math shows five-year ROI at 62.54% and total cumulative return in cash at $167,541. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,372/mo property income against a $3,986/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56572, Pelican Rapids, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,171 (100%) |
| Owner Occupied HU | 1,890 (45.3%) |
| Renter Occupied HU | 469 (11.2%) |
| Vacant Housing Units | 1,812 (43.4%) |
| Median Home Value | $364,686 |
| Average Home Value | $430,345 |
Housing Distribution
Address Breakdown
Residential
2,463
Single Family
2,300
Multi-Family
163
Businesses
191
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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