15733 Riedel Beach Rd NWMiltonaMN56354
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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 Miltona at 15733 Riedel Beach Rd NW, Miltona, MN, 56354 generates $0/mo in rent, after a $2,761/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.71% in year one, and rental yield is 0% on a $564,000 entry. Equity gained on principal adds $3,639/yr, while 5% annual appreciation builds toward $155,823 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 1981
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56354, Miltona, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,207 (100%) |
| Owner Occupied HU | 591 (49.0%) |
| Renter Occupied HU | 71 ( 5.9%) |
| Vacant Housing Units | 545 (45.2%) |
| Median Home Value | $491,284 |
| Average Home Value | $534,615 |
Housing Distribution
Address Breakdown
Residential
702
Single Family
702
Multi-Family
0
Businesses
38
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Joanna Hvezda • Real Estate by Jo, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6748011
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