37922 Harvester AveNorth BranchMN55056
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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
Investment property for sale in North Branch at 37922 Harvester Ave, North Branch, MN, 55056 offers a 4.99% rental yield on a $344,900 purchase with $1,434/mo rent. 36% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,290 over five years. Portfolio math shows five-year ROI at 62.43% and total cumulative return in cash at $71,385. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,434/mo property income against a $1,688/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55056, North Branch, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,023 (100%) |
| Owner Occupied HU | 5,048 (83.8%) |
| Renter Occupied HU | 744 (12.4%) |
| Vacant Housing Units | 231 ( 3.8%) |
| Median Home Value | $344,979 |
| Average Home Value | $379,715 |
Housing Distribution
Address Breakdown
Residential
5,878
Single Family
5,217
Multi-Family
661
Businesses
335
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Listed by: Michael J Weiland • Keller Williams Premier Realty Lake Minnetonka
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6760102