1579 Rivercrest Ln SWBemidjiMN56601
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
Investment property for sale in Bemidji at 1579 Rivercrest Ln SW, Bemidji, MN, 56601 at $549,000 posts ROI 26.03% with $898/mo cash flow from $4,326/mo rent. Total monthly income equals $4,326/mo, and annual cash flow records $10,774/yr on $180,621 to close. Return on cash invested measures 26.03% and rental yield reads 9.46% at the current $549,000. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,679 by year five. Five-year ROI prints 135.67% and total cumulative return in cash totals $245,048.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,326/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56601, Bemidji, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,409 (100%) |
| Owner Occupied HU | 9,352 (57.0%) |
| Renter Occupied HU | 4,857 (29.6%) |
| Vacant Housing Units | 2,200 (13.4%) |
| Median Home Value | $296,990 |
| Average Home Value | $338,688 |
Housing Distribution
Address Breakdown
Residential
14,717
Single Family
13,253
Multi-Family
1,464
Businesses
1,090
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Nearby investment properties with comparable prices
Listed by: Noemi Aylesworth • Better Homes and Gardens Real Estate First Choice
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6585057
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