2003 Brimson RdBrimsonMN55602
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
Rental property for sale in Brimson at 2003 Brimson Rd, Brimson, MN, 55602 priced at $275,000 pairs $2,125/mo rent with $408/mo cash flow after a $1,346/mo payment. Total monthly income equals $2,125/mo, and annual cash flow comes to $4,893/yr on $91,163 invested. Return on cash invested is 25.28% in year one, and rental yield stands at 9.27% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 131.68% and total cumulative return in cash reaches $120,047. For financing, Ziffy Mortgage’s DSCR program evaluates $2,125/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2008
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55602, Brimson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 434 (100%) |
| Owner Occupied HU | 121 (27.9%) |
| Renter Occupied HU | 7 ( 1.6%) |
| Vacant Housing Units | 306 (70.5%) |
| Median Home Value | $354,348 |
| Average Home Value | $411,818 |
Housing Distribution
Address Breakdown
Residential
194
Single Family
194
Multi-Family
0
Businesses
5
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