24996 Horseshoe RdAkeleyMN56433
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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 Akeley at 24996 Horseshoe Rd, Akeley, MN, 56433 listed at $605,400 pairs $2,468/mo rent with a $2,963/mo payment. Total monthly income runs $2,468/mo. Return on cash invested measures 12.15% in year one, and rental yield registers 4.89% at a $605,400 basis. Equity gained on principal adds $3,907/yr, and annual property appreciation at 5% supports $167,261 by year five. Five-year ROI tracks 61.29% and total cumulative return in cash totals $122,079. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,468/mo property income relative to a $2,963/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
20.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56433, Akeley, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,456 (100%) |
| Owner Occupied HU | 753 (51.7%) |
| Renter Occupied HU | 139 ( 9.5%) |
| Vacant Housing Units | 564 (38.7%) |
| Median Home Value | $349,662 |
| Average Home Value | $401,059 |
Housing Distribution
Address Breakdown
Residential
729
Single Family
709
Multi-Family
20
Businesses
36
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