3746 16th Ave SWPine RiverMN56474
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 Pine River at 3746 16th Ave SW, Pine River, MN, 56474 earns from $1,812/mo rent with a $2,442/mo payment. Total monthly income totals $1,812/mo. ROI tracks 10.45% on current figures, and rental yield reads 4.36% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 52.21% and total cumulative return in cash sums $86,358. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,812/mo property income instead of your personal income.
Single Family
Built in 1940
10.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56474, Pine River, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,993 (100%) |
| Owner Occupied HU | 1,602 (53.5%) |
| Renter Occupied HU | 390 (13.0%) |
| Vacant Housing Units | 1,001 (33.4%) |
| Median Home Value | $320,339 |
| Average Home Value | $411,657 |
Housing Distribution
Address Breakdown
Residential
2,231
Single Family
2,109
Multi-Family
122
Businesses
170
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Tulenchik • Realty ONE Group Choice
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7008995