39270 Oriole DrLaporteMN56461
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 Laporte at 39270 Oriole Dr, Laporte, MN, 56461 earns from $1,352/mo rent with a $1,908/mo payment. Total monthly income totals $1,352/mo. ROI tracks 9.86% on current figures, and rental yield reads 4.16% at a $389,900 purchase. Equity gained on principal adds $2,516/yr, and 5% annual appreciation supports $107,722 over five years. Five-year ROI reaches 49.02% and total cumulative return in cash sums $63,361. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,352/mo property income instead of your personal income.
Manufactured
Built in 2005
10.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56461, Laporte, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,061 (100%) |
| Owner Occupied HU | 1,219 (59.1%) |
| Renter Occupied HU | 169 ( 8.2%) |
| Vacant Housing Units | 673 (32.7%) |
| Median Home Value | $294,833 |
| Average Home Value | $351,940 |
Housing Distribution
Address Breakdown
Residential
1,474
Single Family
1,474
Multi-Family
0
Businesses
29
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Nearby investment properties with comparable prices
Listed by: Chad Schwendeman • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6716673
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