20737 Pine Ridge Cir SEErskineMN56535
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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 Erskine at 20737 Pine Ridge Cir SE, Erskine, MN, 56535 offers a 0% rental yield on a $323,000 purchase with $0/mo rent. 7% in year one. Equity gained on principal adds $2,084/yr while 5% annual appreciation supports $89,239 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,581/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
1.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56535, Erskine, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 845 (100%) |
| Owner Occupied HU | 426 (50.4%) |
| Renter Occupied HU | 100 (11.8%) |
| Vacant Housing Units | 319 (37.8%) |
| Median Home Value | $275,926 |
| Average Home Value | $305,188 |
Housing Distribution
Address Breakdown
Residential
562
Single Family
533
Multi-Family
29
Businesses
52
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