23368 Gopher Dr NEEast BethelMN55005
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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 East Bethel at 23368 Gopher Dr NE, East Bethel, MN, 55005 listed at $300,000 pairs $2,291/mo rent with a $1,468/mo payment to leave $418/mo cash flow. Total monthly income runs $2,291/mo, and annual cash flow reaches $5,016/yr on $99,450 cash to close. Return on cash invested measures 24.95% in year one, and rental yield registers 9.16% at a $300,000 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 129.94% and total cumulative return in cash totals $129,228. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,291/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
3.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55005, Bethel, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,802 (100%) |
| Owner Occupied HU | 1,622 (90.0%) |
| Renter Occupied HU | 127 ( 7.0%) |
| Vacant Housing Units | 53 ( 2.9%) |
| Median Home Value | $392,890 |
| Average Home Value | $421,981 |
Housing Distribution
Address Breakdown
Residential
1,791
Single Family
1,620
Multi-Family
171
Businesses
51
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Listed by: Kurt E Sutherland • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6784347