35686 Rush Lake Loop #18OttertailMN56571
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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 Ottertail at 35686 Rush Lake Loop #18, Ottertail, MN, 56571 offers a 0% rental yield on a $395,000 purchase with $0/mo rent. 73% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1950
3.12 Acres lot
$N/A/sqft
$222 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56571, Ottertail, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,804 (100%) |
| Owner Occupied HU | 809 (44.8%) |
| Renter Occupied HU | 125 ( 6.9%) |
| Vacant Housing Units | 870 (48.2%) |
| Median Home Value | $404,206 |
| Average Home Value | $472,951 |
Housing Distribution
Address Breakdown
Residential
1,106
Single Family
1,105
Multi-Family
1
Businesses
69
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No similar rental properties found nearby.
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Listed by: Angela Nelson • Real Broker
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6591592
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