38531 Grave Lake RdDeer RiverMN56636
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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 Deer River at 38531 Grave Lake Rd, Deer River, MN, 56636 listed at $325,000 pairs $1,826/mo rent with a $1,591/mo payment. Total monthly income runs $1,826/mo. Return on cash invested measures 17.64% in year one, and rental yield registers 6.74% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 90.78% and total cumulative return in cash totals $97,801. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,826/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2002
2.55 Acres lot
$N/A/sqft
No HOA
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Listed by: Kaila Juntunen Wass • RE/MAX Advantage Plus
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6777438