24628 Mallard Grade TrlShevlinMN56676
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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 Shevlin at 24628 Mallard Grade Trl, Shevlin, MN, 56676 offers a 0% rental yield on a $369,900 purchase with $0/mo rent. 69% in year one. Equity gained on principal adds $2,387/yr while 5% annual appreciation supports $102,197 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,810/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56676, Shevlin, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,047 (100%) |
| Owner Occupied HU | 673 (64.3%) |
| Renter Occupied HU | 87 ( 8.3%) |
| Vacant Housing Units | 287 (27.4%) |
| Median Home Value | $263,915 |
| Average Home Value | $292,842 |
Housing Distribution
Address Breakdown
Residential
728
Single Family
728
Multi-Family
0
Businesses
19
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Thomas Clusiau • RE/MAX Legacy Realty
Mls Name: FMARMLS
Mls Provider:
Mls ID: #6617453
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.