35395 Vacation Dr #12Pequot LakesMN56472
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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 Pequot Lakes at 35395 Vacation Dr #12, Pequot Lakes, MN, 56472 listed at $109,000 pairs $905/mo rent with a $534/mo payment. Total monthly income runs $905/mo. Return on cash invested measures -112.37% in year one, and rental yield registers 9.96% at a $109,000 basis. Equity gained on principal adds $703/yr, and annual property appreciation at 5% supports $30,115 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $905/mo property income relative to a $534/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
2,178 sqft lot
$N/A/sqft
$4,207 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56472, Pequot Lakes, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,474 (100%) |
| Owner Occupied HU | 3,086 (47.7%) |
| Renter Occupied HU | 673 (10.4%) |
| Vacant Housing Units | 2,715 (41.9%) |
| Median Home Value | $451,908 |
| Average Home Value | $547,114 |
Housing Distribution
Address Breakdown
Residential
4,825
Single Family
4,486
Multi-Family
339
Businesses
293
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Listed by: Angela Sherack • NextHome Horizons
Mls Name: NextHome
Mls Provider:
Mls ID: #6691914