34093 Evans RdFrazeeMN56544
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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 Frazee at 34093 Evans Rd, Frazee, MN, 56544 uses $132,567 cash to close to unlock $5,042/yr annual cash flow and $420/mo monthly cash flow. Total monthly income runs $2,917/mo, and a $1,957/mo payment keeps the spread at $420/mo. Purchase price stands at $399,900, and rental yield measures 8.75% with $2,917/mo rent. Return on cash invested shows 23.71% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 123.33% and total cumulative return in cash records $163,496. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,917/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 1998
7.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56544, Frazee, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,773 (100%) |
| Owner Occupied HU | 1,651 (59.5%) |
| Renter Occupied HU | 400 (14.4%) |
| Vacant Housing Units | 722 (26.0%) |
| Median Home Value | $319,088 |
| Average Home Value | $384,861 |
Housing Distribution
Address Breakdown
Residential
2,177
Single Family
2,107
Multi-Family
70
Businesses
80
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