302 Brooklyn LANEHokahMN55941
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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 Hokah at 302 Brooklyn LANE, Hokah, MN, 55941 earns from $1,200/mo rent with a $2,129/mo payment. Total monthly income totals $1,200/mo. ROI tracks 7.29% on current figures, and rental yield reads 3.31% at a $435,000 purchase. Equity gained on principal adds $2,807/yr, and 5% annual appreciation supports $120,182 over five years. Five-year ROI reaches 35.24% and total cumulative return in cash sums $50,820. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,200/mo property income instead of your personal income.
Single Family
Built in 2006
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55941, Hokah, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 532 (100%) |
| Owner Occupied HU | 424 (79.7%) |
| Renter Occupied HU | 67 (12.6%) |
| Vacant Housing Units | 41 ( 7.7%) |
| Median Home Value | $334,328 |
| Average Home Value | $398,962 |
Housing Distribution
Address Breakdown
Residential
230
Single Family
230
Multi-Family
0
Businesses
27
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