13 Law DrSilver BayMN55614
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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 Silver Bay at 13 Law Dr, Silver Bay, MN, 55614 earns $1,251/mo cash flow from $2,989/mo rent with a $1,262/mo payment. Total monthly income totals $2,989/mo, and annual cash flow totals $15,014/yr on $85,461 capital. ROI tracks 37.48% on current figures, and rental yield reads 13.91% at a $257,800 purchase. Equity gained on principal adds $1,664/yr, and 5% annual appreciation supports $71,225 over five years. Five-year ROI reaches 197.83% and total cumulative return in cash sums $169,067. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,989/mo property income instead of your personal income.
Single Family
Built in 1965
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55614, Silver Bay, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,471 (100%) |
| Owner Occupied HU | 965 (65.6%) |
| Renter Occupied HU | 168 (11.4%) |
| Vacant Housing Units | 338 (23.0%) |
| Median Home Value | $216,209 |
| Average Home Value | $325,624 |
Housing Distribution
Address Breakdown
Residential
1,222
Single Family
1,179
Multi-Family
43
Businesses
74
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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