1730 Net Lake RdHolyokeMN55749
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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 Holyoke at 1730 Net Lake Rd, Holyoke, MN, 55749 priced at $650,000 converts $3,510/mo rent into after a $3,181/mo obligation. Total monthly income equals $3,510/mo. Return on cash invested prints 16.98% in year one, and rental yield reads 6.48% against a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,583 by year five. Five-year ROI reaches 87.2% and total cumulative return in cash sums $186,470. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,510/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in 1963
200 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Michael Jorgensen • Edina Realty, Inc. - Duluth
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6116745
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.