23508 County Road 1 NWSunburgMN56289
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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 Sunburg at 23508 County Road 1 NW, Sunburg, MN, 56289 generates $0/mo in rent, after a $1,468/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.7% in year one, and rental yield is 0% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
3.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56289, Sunburg, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 432 (100%) |
| Owner Occupied HU | 300 (69.4%) |
| Renter Occupied HU | 33 ( 7.6%) |
| Vacant Housing Units | 99 (22.9%) |
| Median Home Value | $354,839 |
| Average Home Value | $400,892 |
Housing Distribution
Address Breakdown
Residential
289
Single Family
289
Multi-Family
0
Businesses
13
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