1385 Rum River CtMilacaMN56353
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 Milaca at 1385 Rum River Ct, Milaca, MN, 56353 generates $1,706/mo in rent and, after a $1,101/mo payment, leaves $125/mo in cash flow. Total monthly income is $1,706/mo, and annual cash flow is $1,501/yr on $74,588 invested. Return on cash invested sits at 21.92% in year one, and rental yield is 9.1% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 114.8% and total cumulative return in cash sums $85,629. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,706/mo property income rather than buyer’s personal income.
Townhouse
Built in 1999
1,742 sqft lot
$N/A/sqft
$480 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56353, Milaca, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,111 (100%) |
| Owner Occupied HU | 2,998 (72.9%) |
| Renter Occupied HU | 833 (20.3%) |
| Vacant Housing Units | 280 ( 6.8%) |
| Median Home Value | $274,311 |
| Average Home Value | $300,156 |
Housing Distribution
Address Breakdown
Residential
3,889
Single Family
3,488
Multi-Family
401
Businesses
248
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Peterson & Co. • Keller Williams Integrity NW
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6700526
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-14 10:38:04 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#28) By searching NorthstarMLS listings you agree to the [NorthstarMLS End User License Agreement](https://static1.squarespace.com/static/56c4eea9d51cd483819dae7b/t/56cbe7e32fe13151e10e6b3d/1456203748061/EULA.pdf)