3312 County Road 56Pine RiverMN56474
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 Pine River at 3312 County Road 56, Pine River, MN, 56474 earns $574/mo cash flow from $2,197/mo rent with a $1,272/mo payment. Total monthly income totals $2,197/mo, and annual cash flow totals $6,890/yr on $86,157 capital. ROI tracks 27.91% on current figures, and rental yield reads 10.14% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 145.84% and total cumulative return in cash sums $125,650. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,197/mo property income instead of your personal income.
Single Family
Built in 1923
6.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56474, Pine River, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,993 (100%) |
| Owner Occupied HU | 1,602 (53.5%) |
| Renter Occupied HU | 390 (13.0%) |
| Vacant Housing Units | 1,001 (33.4%) |
| Median Home Value | $320,339 |
| Average Home Value | $411,657 |
Housing Distribution
Address Breakdown
Residential
2,231
Single Family
2,109
Multi-Family
122
Businesses
170
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jill Macnamara • RE/MAX Results - Nisswa
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6747106