17639 311th StShaferMN55074
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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 Shafer at 17639 311th St, Shafer, MN, 55074 uses $104,423 cash to close to unlock $8,265/yr annual cash flow and $689/mo monthly cash flow. Total monthly income runs $2,656/mo, and a $1,542/mo payment keeps the spread at $689/mo. Purchase price stands at $315,000, and rental yield measures 10.12% with $2,656/mo rent. Return on cash invested shows 27.82% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 145.36% and total cumulative return in cash records $151,793. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,656/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 2018
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55074, Shafer, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 942 (100%) |
| Owner Occupied HU | 815 (86.5%) |
| Renter Occupied HU | 102 (10.8%) |
| Vacant Housing Units | 25 ( 2.7%) |
| Median Home Value | $352,953 |
| Average Home Value | $371,589 |
Housing Distribution
Address Breakdown
Residential
926
Single Family
920
Multi-Family
6
Businesses
29
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