233 Hilltop RdOttertailMN56571
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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 Ottertail at 233 Hilltop Rd, Ottertail, MN, 56571 offers a 6.31% rental yield on a $419,000 purchase with $2,203/mo rent. 34% in year one. Equity gained on principal adds $2,704/yr while 5% annual appreciation supports $115,762 over five years. Portfolio math shows five-year ROI at 83.77% and total cumulative return in cash at $116,357. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,203/mo property income against a $2,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1996
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56571, Ottertail, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,804 (100%) |
| Owner Occupied HU | 809 (44.8%) |
| Renter Occupied HU | 125 ( 6.9%) |
| Vacant Housing Units | 870 (48.2%) |
| Median Home Value | $404,206 |
| Average Home Value | $472,951 |
Housing Distribution
Address Breakdown
Residential
1,106
Single Family
1,105
Multi-Family
1
Businesses
69
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