37844 309th St, Aitkin, MN, 56431 | 5.98% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,620/mo, and a $1,591/mo payment. Purchase price stands at $325,000, and rental yield measures 5.98% with $1,620/mo rent. Return on cash invested shows 15.35% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 78.47% and total cumulative return in cash records $84,541. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,620/mo property income covering a $1,591/mo payment rather than investor’s personal income.

Single Family

Built in 1975

1 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 56431, Aitkin, MN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,852 (100%)
Owner Occupied HU	3,311 (48.3%)
Renter Occupied HU	791 (11.5%)
Vacant Housing Units	2,750 (40.1%)
Median Home Value	$322,708
Average Home Value	$366,030