24608 E Long Lake RdBigforkMN56628
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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 Bigfork at 24608 E Long Lake Rd, Bigfork, MN, 56628 offers a 0% rental yield on a $149,900 purchase with $0/mo rent. 7% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
8.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56628, Bigfork, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,530 (100%) |
| Owner Occupied HU | 653 (42.7%) |
| Renter Occupied HU | 122 ( 8.0%) |
| Vacant Housing Units | 755 (49.3%) |
| Median Home Value | $311,905 |
| Average Home Value | $356,022 |
Housing Distribution
Address Breakdown
Residential
847
Single Family
811
Multi-Family
36
Businesses
47
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No similar rental properties found nearby.
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