40199 Meadow BayFrazeeMN56544
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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 Frazee at 40199 Meadow Bay, Frazee, MN, 56544 offers a 3.9% rental yield on a $649,900 purchase with $2,110/mo rent. 13% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,555 over five years. Portfolio math shows five-year ROI at 45.05% and total cumulative return in cash at $96,330. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,110/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56544, Frazee, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,773 (100%) |
| Owner Occupied HU | 1,651 (59.5%) |
| Renter Occupied HU | 400 (14.4%) |
| Vacant Housing Units | 722 (26.0%) |
| Median Home Value | $319,088 |
| Average Home Value | $384,861 |
Housing Distribution
Address Breakdown
Residential
2,177
Single Family
2,107
Multi-Family
70
Businesses
80
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