23611 County Road 36CrosslakeMN56447
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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
Total monthly income runs $1,924/mo, and a $1,843/mo payment. Purchase price stands at $376,500, and rental yield measures 6.13% with $1,924/mo rent. Return on cash invested shows 15.8% in year one, and 5% annual appreciation builds toward $104,020 over five years. Five-year ROI reaches 80.88% and total cumulative return in cash records $100,950. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,924/mo property income covering a $1,843/mo payment rather than investor’s personal income.
Single Family
Built in 1983
13.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56447, Emily, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,295 (100%) |
| Owner Occupied HU | 445 (34.4%) |
| Renter Occupied HU | 38 ( 2.9%) |
| Vacant Housing Units | 812 (62.7%) |
| Median Home Value | $433,173 |
| Average Home Value | $497,264 |
Housing Distribution
Address Breakdown
Residential
565
Single Family
565
Multi-Family
0
Businesses
45
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