2951 Pomroy Beach DrBrook ParkMN55007
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 Brook Park at 2951 Pomroy Beach Dr, Brook Park, MN, 55007 offers a 5.06% rental yield on a $285,000 purchase with $1,202/mo rent. 4% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 62.71% and total cumulative return in cash at $59,250. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,202/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2005
0.75 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: Travis L Erickson • RE/MAX Results
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6618053
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