36573 County Road 238Deer RiverMN56636
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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
Rental property for sale in Deer River at 36573 County Road 238, Deer River, MN, 56636 generates $840/mo in rent, after a $2,080/mo payment. Total monthly income is $840/mo. Return on cash invested sits at 4.46% in year one, and rental yield is 2.37% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 20.09% and total cumulative return in cash sums $28,301. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $840/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
14.60 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Leah Kluz • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6750970