29235 Piney WayBreezy PtMN56472
Nearby investment properties with comparable rents
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 Breezy Pt at 29235 Piney Way, Breezy Pt, MN, 56472 listed at $889,900 pairs $3,925/mo rent with a $4,356/mo payment. Total monthly income runs $3,925/mo. Return on cash invested measures 13.37% in year one, and rental yield registers 5.29% at a $889,900 basis. Equity gained on principal adds $5,742/yr, and annual property appreciation at 5% supports $245,863 by year five. Five-year ROI tracks 67.82% and total cumulative return in cash totals $198,549. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,925/mo property income relative to a $4,356/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
3.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56472, Pequot Lakes, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,474 (100%) |
| Owner Occupied HU | 3,086 (47.7%) |
| Renter Occupied HU | 673 (10.4%) |
| Vacant Housing Units | 2,715 (41.9%) |
| Median Home Value | $451,908 |
| Average Home Value | $547,114 |
Housing Distribution
Address Breakdown
Residential
4,825
Single Family
4,486
Multi-Family
339
Businesses
293
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Nearby investment properties with comparable prices
Listed by: Brent Anderson • RE/MAX Results - Nisswa
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6588838
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