3439 Deer Forest RdMakinenMN55763
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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
Rental property for sale in Makinen at 3439 Deer Forest Rd, Makinen, MN, 55763 generates $1,979/mo in rent, after a $1,561/mo payment. Total monthly income is $1,979/mo. Return on cash invested sits at 19.77% in year one, and rental yield is 7.44% on a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 102.16% and total cumulative return in cash sums $108,037. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,979/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
43.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55763, Makinen, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 723 (100%) |
| Owner Occupied HU | 265 (36.7%) |
| Renter Occupied HU | 17 ( 2.4%) |
| Vacant Housing Units | 441 (61.0%) |
| Median Home Value | $294,355 |
| Average Home Value | $340,302 |
Housing Distribution
Address Breakdown
Residential
310
Single Family
310
Multi-Family
0
Businesses
3
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Nearby investment properties with comparable prices
Listed by: Betsy Clark • Northwoods Land Office, Inc
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6568510
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