3687 Bassett Bay Beach RdBrimsonMN55602
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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 Brimson at 3687 Bassett Bay Beach Rd, Brimson, MN, 55602 with 5% annual appreciation on a $374,900 basis while $2,885/mo rent supports operations. Total monthly income totals $2,885/mo and a $1,835/mo payment preserves $544/mo for cash returns. Annual cash flow comes to $6,527/yr on $124,279 deployed, and return on cash invested reaches 25.16% in year one. Equity gained on principal adds $2,419/yr, and five-year appreciation sums $103,578 alongside rental yield of 9.23%. Five-year ROI measures 131.07% and total cumulative return in cash totals $162,895.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,885/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
14.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55602, Brimson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 434 (100%) |
| Owner Occupied HU | 121 (27.9%) |
| Renter Occupied HU | 7 ( 1.6%) |
| Vacant Housing Units | 306 (70.5%) |
| Median Home Value | $354,348 |
| Average Home Value | $411,818 |
Housing Distribution
Address Breakdown
Residential
194
Single Family
194
Multi-Family
0
Businesses
5
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