36678 Oak Point DrNew York MillsMN56567
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 New York Mills at 36678 Oak Point Dr, New York Mills, MN, 56567 earns from $1,229/mo rent with a $1,953/mo payment. Total monthly income totals $1,229/mo. ROI tracks 8.45% on current figures, and rental yield reads 3.7% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 41.51% and total cumulative return in cash sums $54,902. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,229/mo property income instead of your personal income.
Single Family
Built in 1975
0.35 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jerni Holweg • Centennial Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7013529