22882 State #64AkeleyMN56433
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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
Rental property for sale in Akeley at 22882 State #64, Akeley, MN, 56433 generates $2,540/mo in rent, after a $6,917/mo payment. Total monthly income is $2,540/mo. Return on cash invested sits at 3.9% in year one, and rental yield is 2.16% on a $1,413,200 entry. Equity gained on principal adds $9,119/yr, while 5% annual appreciation builds toward $390,441 over five years. Five-year ROI reaches 16.97% and total cumulative return in cash sums $77,700. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,540/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
179.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56433, Akeley, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,456 (100%) |
| Owner Occupied HU | 753 (51.7%) |
| Renter Occupied HU | 139 ( 9.5%) |
| Vacant Housing Units | 564 (38.7%) |
| Median Home Value | $349,662 |
| Average Home Value | $401,059 |
Housing Distribution
Address Breakdown
Residential
729
Single Family
709
Multi-Family
20
Businesses
36
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