29957 436th PlAitkinMN56431
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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 Aitkin at 29957 436th Pl, Aitkin, MN, 56431 listed at $200,000 pairs $1,367/mo rent with a $979/mo payment to leave $118/mo cash flow. Total monthly income runs $1,367/mo, and annual cash flow reaches $1,416/yr on $66,300 cash to close. Return on cash invested measures 22.04% in year one, and rental yield registers 8.2% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 114.36% and total cumulative return in cash totals $75,824. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,367/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1982
3.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56431, Aitkin, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,852 (100%) |
| Owner Occupied HU | 3,311 (48.3%) |
| Renter Occupied HU | 791 (11.5%) |
| Vacant Housing Units | 2,750 (40.1%) |
| Median Home Value | $322,708 |
| Average Home Value | $366,030 |
Housing Distribution
Address Breakdown
Residential
5,347
Single Family
4,989
Multi-Family
358
Businesses
346
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