13101 Kelly Ln NETenstrikeMN56683
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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 Tenstrike at 13101 Kelly Ln NE, Tenstrike, MN, 56683 listed at $299,900 pairs $2,533/mo rent with a $1,468/mo payment to leave $660/mo cash flow. Total monthly income runs $2,533/mo, and annual cash flow reaches $7,922/yr on $99,417 cash to close. Return on cash invested measures 27.88% in year one, and rental yield registers 10.14% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 145.68% and total cumulative return in cash totals $144,832. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,533/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56683, Tenstrike, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 363 (100%) |
| Owner Occupied HU | 228 (62.8%) |
| Renter Occupied HU | 24 ( 6.6%) |
| Vacant Housing Units | 111 (30.6%) |
| Median Home Value | $335,294 |
| Average Home Value | $364,178 |
Housing Distribution
Address Breakdown
Residential
303
Single Family
303
Multi-Family
0
Businesses
12
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Nearby investment properties with comparable prices
Listed by: Jason Braunhausen • 218 Real Estate
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6598681
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