22265 450th AveAitkinMN56431
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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 Aitkin at 22265 450th Ave, Aitkin, MN, 56431 earns from $1,502/mo rent with a $2,349/mo payment. Total monthly income totals $1,502/mo. ROI tracks 8.63% on current figures, and rental yield reads 3.76% at a $479,900 purchase. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,588 over five years. Five-year ROI reaches 42.47% and total cumulative return in cash sums $67,569. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,502/mo property income instead of your personal income.
Single Family
Built in 1940
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56431, Aitkin, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,852 (100%) |
| Owner Occupied HU | 3,311 (48.3%) |
| Renter Occupied HU | 791 (11.5%) |
| Vacant Housing Units | 2,750 (40.1%) |
| Median Home Value | $322,708 |
| Average Home Value | $366,030 |
Housing Distribution
Address Breakdown
Residential
5,347
Single Family
4,989
Multi-Family
358
Businesses
346
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