14461 Cable Lake Rd SEMentorMN56736
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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
Rental property for sale in Mentor at 14461 Cable Lake Rd SE, Mentor, MN, 56736 generates $0/mo in rent, after a $3,008/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.72% in year one, and rental yield is 0% on a $614,500 entry. Equity gained on principal adds $3,965/yr, while 5% annual appreciation builds toward $169,775 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56736, Mentor, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 950 (100%) |
| Owner Occupied HU | 364 (38.3%) |
| Renter Occupied HU | 52 ( 5.5%) |
| Vacant Housing Units | 534 (56.2%) |
| Median Home Value | $352,500 |
| Average Home Value | $409,457 |
Housing Distribution
Address Breakdown
Residential
515
Single Family
507
Multi-Family
8
Businesses
22
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No similar rental properties found nearby.
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Listed by: Blake Christianson (Team Blake Christianson) • Greenberg Realty
Mls Name: GFBMLS
Mls Provider:
Mls ID: #24-453
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