25651 County Highway 22Detroit LakesMN56501
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Nearby investment properties with comparable prices
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 Detroit Lakes at 25651 County Highway 22, Detroit Lakes, MN, 56501 offers a 4.17% rental yield on a $1,290,000 purchase with $4,487/mo rent. 12% in year one. Equity gained on principal adds $8,324/yr while 5% annual appreciation supports $356,403 over five years. Portfolio math shows five-year ROI at 50.35% and total cumulative return in cash at $210,452. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,487/mo property income against a $6,314/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
38.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56501, Detroit Lakes, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,550 (100%) |
| Owner Occupied HU | 5,565 (52.7%) |
| Renter Occupied HU | 2,196 (20.8%) |
| Vacant Housing Units | 2,789 (26.4%) |
| Median Home Value | $357,335 |
| Average Home Value | $436,261 |
Housing Distribution
Address Breakdown
Residential
8,830
Single Family
7,427
Multi-Family
1,403
Businesses
614
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Nearby investment properties with comparable prices
Listed by: O'Mara W Dunnigan • KW Inspire Realty Keller Williams
Mls Name: FMARMLS
Mls Provider:
Mls ID: #6592562
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.