24220 Pine Tree TrlPine CityMN55063
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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 Pine City at 24220 Pine Tree Trl, Pine City, MN, 55063 uses $91,163 cash to close to unlock $6,753/yr annual cash flow and $563/mo monthly cash flow. Total monthly income runs $2,280/mo, and a $1,346/mo payment keeps the spread at $563/mo. Purchase price stands at $275,000, and rental yield measures 9.95% with $2,280/mo rent. Return on cash invested shows 27.32% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 142.64% and total cumulative return in cash records $130,031. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,280/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Manufactured
Built in 1979
3.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55063, Pine City, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,878 (100%) |
| Owner Occupied HU | 3,157 (64.7%) |
| Renter Occupied HU | 856 (17.5%) |
| Vacant Housing Units | 865 (17.7%) |
| Median Home Value | $285,815 |
| Average Home Value | $320,475 |
Housing Distribution
Address Breakdown
Residential
4,386
Single Family
4,086
Multi-Family
300
Businesses
292
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