16571 329th AveIsleMN56342
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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
Investment property for sale in Isle at 16571 329th Ave, Isle, MN, 56342 offers a 0% rental yield on a $689,000 purchase with $0/mo rent. 71% in year one. Equity gained on principal adds $4,446/yr while 5% annual appreciation supports $190,358 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $3,372/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.53 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56342, Isle, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,578 (100%) |
| Owner Occupied HU | 1,115 (43.3%) |
| Renter Occupied HU | 202 ( 7.8%) |
| Vacant Housing Units | 1,261 (48.9%) |
| Median Home Value | $326,908 |
| Average Home Value | $350,951 |
Housing Distribution
Address Breakdown
Residential
1,515
Single Family
1,515
Multi-Family
0
Businesses
117
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No similar rental properties found nearby.
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Listed by: Dennis A Mathis • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6776346
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