2251 Blais RdMakinenMN55763
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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
Investment property for sale in Makinen at 2251 Blais Rd, Makinen, MN, 55763 earns from $1,481/mo rent with a $2,924/mo payment. Total monthly income totals $1,481/mo. ROI tracks 6.33% on current figures, and rental yield reads 2.97% at a $597,500 purchase. Equity gained on principal adds $3,856/yr, and 5% annual appreciation supports $165,078 over five years. Five-year ROI reaches 30.06% and total cumulative return in cash sums $59,083. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,481/mo property income instead of your personal income.
Single Family
Built in 2000
4.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55763, Makinen, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 723 (100%) |
| Owner Occupied HU | 265 (36.7%) |
| Renter Occupied HU | 17 ( 2.4%) |
| Vacant Housing Units | 441 (61.0%) |
| Median Home Value | $294,355 |
| Average Home Value | $340,302 |
Housing Distribution
Address Breakdown
Residential
310
Single Family
310
Multi-Family
0
Businesses
3
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Listed by: Darcie Rae Novak • My Place Realty, Inc.
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119056
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.