29358 Era Cir LOT 27BurtrumMN56318
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 29358 Era Cir LOT 27, Burtrum, MN, 56318 in Burtrum the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $135,000 price is below income-first thresholds, but 5%/yr value growth projects $37,298 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $450 |
City averages based on Burtrum market data in our database. Property projections are estimates.
Manufactured
Built in 2022
0.02 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56318, Burtrum, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 936 (100%) |
| Owner Occupied HU | 446 (47.6%) |
| Renter Occupied HU | 77 ( 8.2%) |
| Vacant Housing Units | 413 (44.1%) |
| Median Home Value | $299,265 |
| Average Home Value | $325,028 |
Housing Distribution
Address Breakdown
Residential
518
Single Family
518
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Manufactured
Built in 2022
0.02 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56318, Burtrum, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 936 (100%) |
| Owner Occupied HU | 446 (47.6%) |
| Renter Occupied HU | 77 ( 8.2%) |
| Vacant Housing Units | 413 (44.1%) |
| Median Home Value | $299,265 |
| Average Home Value | $325,028 |
Housing Distribution
Address Breakdown
Residential
518
Single Family
518
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Amy Johnson • Central MN Realty LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6730506
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