11591 Snake River DrPine cityMN55063
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
Investment property for sale in Pine city at 11591 Snake River Dr, Pine city, MN, 55063 listed at $499,000 pairs $2,047/mo rent with a $2,442/mo payment. Total monthly income runs $2,047/mo. Return on cash invested measures 12.16% in year one, and rental yield registers 4.92% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 61.36% and total cumulative return in cash totals $101,502. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,047/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55063, Pine City, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,878 (100%) |
| Owner Occupied HU | 3,157 (64.7%) |
| Renter Occupied HU | 856 (17.5%) |
| Vacant Housing Units | 865 (17.7%) |
| Median Home Value | $285,815 |
| Average Home Value | $320,475 |
Housing Distribution
Address Breakdown
Residential
4,386
Single Family
4,086
Multi-Family
300
Businesses
292
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Nearby investment properties with comparable prices
Listed by: Robert Flom • eXp Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6592353
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