1158 Town Line RdBrimsonMN55602
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 Brimson at 1158 Town Line Rd, Brimson, MN, 55602 priced at $129,000 pairs $1,781/mo rent with $976/mo cash flow after a $631/mo payment. Total monthly income equals $1,781/mo, and annual cash flow comes to $11,710/yr on $42,764 invested. Return on cash invested is 47.29% in year one, and rental yield stands at 16.57% on a $129,000 basis. Equity gained on principal adds $832/yr, and 5% annual appreciation accumulates to $35,640 by year five. Five-year ROI measures 249.78% and total cumulative return in cash reaches $106,813. For financing, Ziffy Mortgage’s DSCR program evaluates $1,781/mo property income against a $631/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55602, Brimson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 434 (100%) |
| Owner Occupied HU | 121 (27.9%) |
| Renter Occupied HU | 7 ( 1.6%) |
| Vacant Housing Units | 306 (70.5%) |
| Median Home Value | $354,348 |
| Average Home Value | $411,818 |
Housing Distribution
Address Breakdown
Residential
194
Single Family
194
Multi-Family
0
Businesses
5
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Listed by: Richard Erickson • Re/Max Results
Mls Name: Range AOR
Mls ID: #147297
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.