296 Cramer RdSchroederMN55613
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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 Schroeder at 296 Cramer Rd, Schroeder, MN, 55613 at $379,000 posts ROI -2.7% with from $0/mo rent. Total monthly income equals $0/mo. Return on cash invested measures -2.7% and rental yield reads 0% at the current $379,000. Equity gained on principal adds $2,446/yr, and 5% annual appreciation supports $104,711 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $0/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55613, Schroeder, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 277 (100%) |
| Owner Occupied HU | 79 (28.5%) |
| Renter Occupied HU | 12 ( 4.3%) |
| Vacant Housing Units | 186 (67.1%) |
| Median Home Value | $524,038 |
| Average Home Value | $656,139 |
Housing Distribution
Address Breakdown
Residential
48
Single Family
48
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: John Oberholtzer • TimberWolff Realty LLC
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119510
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.