3993 Scenic View RdMoose LakeMN55767
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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 Moose Lake at 3993 Scenic View Rd, Moose Lake, MN, 55767 earns from $4,140/mo rent with a $7,268/mo payment. Total monthly income totals $4,140/mo. ROI tracks 7.57% on current figures, and rental yield reads 3.35% at a $1,485,000 purchase. Equity gained on principal adds $9,582/yr, and 5% annual appreciation supports $410,278 over five years. Five-year ROI reaches 36.65% and total cumulative return in cash sums $176,322. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,140/mo property income instead of your personal income.
Single Family
Built in 2008
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55767, Moose Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,700 (100%) |
| Owner Occupied HU | 945 (55.6%) |
| Renter Occupied HU | 370 (21.8%) |
| Vacant Housing Units | 385 (22.6%) |
| Median Home Value | $270,122 |
| Average Home Value | $303,098 |
Housing Distribution
Address Breakdown
Residential
1,160
Single Family
1,030
Multi-Family
130
Businesses
140
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Listed by: Ryanne Battaglia • Think Minnesota Realty LLC
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6113796
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2024 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.