2946 300th AveBrook ParkMN55007
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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 Brook Park at 2946 300th Ave, Brook Park, MN, 55007 offers a 6.19% rental yield on a $349,000 purchase with $1,799/mo rent. 97% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 81.76% and total cumulative return in cash at $94,596. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,799/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55007, Brook Park, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,146 (100%) |
| Owner Occupied HU | 856 (74.7%) |
| Renter Occupied HU | 102 ( 8.9%) |
| Vacant Housing Units | 188 (16.4%) |
| Median Home Value | $264,063 |
| Average Home Value | $280,041 |
Housing Distribution
Address Breakdown
Residential
1,061
Single Family
1,061
Multi-Family
0
Businesses
8
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Listed by: Jeffrey Dale Pluff • Brick & Banister Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6765315