35403 Vacation Dr #14Pequot LakesMN56472
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 Pequot Lakes at 35403 Vacation Dr #14, Pequot Lakes, MN, 56472 offers a 10.25% rental yield on a $106,000 purchase with $905/mo rent. Total monthly income registers $905/mo, and a $519/mo payment leaves $243/mo available for distribution. Annual cash flow reaches $2,915/yr on $35,139 to close, and return on cash invested stands at 28.2% in year one. Equity gained on principal adds $684/yr while 5% annual appreciation supports $29,286 over five years. Portfolio math shows five-year ROI at 147.4% and total cumulative return in cash at $51,796. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $905/mo property income against a $519/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2008
2,178 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Sherack • NextHome Horizons
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6788675