12502 Van Horn RdFloodwoodMN55736
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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 Floodwood at 12502 Van Horn Rd, Floodwood, MN, 55736 offers a 0% rental yield on a $475,000 purchase with $0/mo rent. 7% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
93.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55736, Floodwood, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 921 (100%) |
| Owner Occupied HU | 494 (53.6%) |
| Renter Occupied HU | 121 (13.1%) |
| Vacant Housing Units | 306 (33.2%) |
| Median Home Value | $275,949 |
| Average Home Value | $320,233 |
Housing Distribution
Address Breakdown
Residential
442
Single Family
442
Multi-Family
0
Businesses
54
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