14490 Highway 12 NWKerkhovenMN56252
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 Kerkhoven at 14490 Highway 12 NW, Kerkhoven, MN, 56252 generates $720/mo in rent, after a $1,958/mo payment. Total monthly income is $720/mo. Return on cash invested sits at 3.82% in year one, and rental yield is 2.16% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 16.61% and total cumulative return in cash sums $22,024. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $720/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
10.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56252, Kerkhoven, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 505 (100%) |
| Owner Occupied HU | 364 (72.1%) |
| Renter Occupied HU | 96 (19.0%) |
| Vacant Housing Units | 45 ( 8.9%) |
| Median Home Value | $201,299 |
| Average Home Value | $219,787 |
Housing Distribution
Address Breakdown
Residential
293
Single Family
279
Multi-Family
14
Businesses
37
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