27322 Oak Point RdElbow LakeMN56531
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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
Rental property for sale in Elbow Lake at 27322 Oak Point Rd, Elbow Lake, MN, 56531 generates $2,675/mo in rent, after a $3,573/mo payment. Total monthly income is $2,675/mo. Return on cash invested sits at 10.65% in year one, and rental yield is 4.4% on a $729,900 entry. Equity gained on principal adds $4,710/yr, while 5% annual appreciation builds toward $201,658 over five years. Five-year ROI reaches 53.26% and total cumulative return in cash sums $127,891. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,675/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
2.58 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Sarah House • Century 21 Atwood
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6808303