18398 360th StEagle BendMN56446
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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
Total monthly income runs $1,492/mo, and a $2,100/mo payment. Purchase price stands at $429,000, and rental yield measures 4.17% with $1,492/mo rent. Return on cash invested shows 9.89% in year one, and 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 49.19% and total cumulative return in cash records $69,949. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,492/mo property income covering a $2,100/mo payment rather than investor’s personal income.
Single Family
Built in 2015
81.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56446, Eagle Bend, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 776 (100%) |
| Owner Occupied HU | 549 (70.7%) |
| Renter Occupied HU | 120 (15.5%) |
| Vacant Housing Units | 107 (13.8%) |
| Median Home Value | $207,292 |
| Average Home Value | $255,246 |
Housing Distribution
Address Breakdown
Residential
549
Single Family
525
Multi-Family
24
Businesses
35
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Listed by: Anne Dickey • Counselor Realty Brainerd Lakes
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6774434