40640 County Road 128Deer 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 40640 County Road 128, Deer River, MN, 56636 uses $174,337 cash to close to unlock $6,668/yr annual cash flow and $556/mo monthly cash flow. Total monthly income runs $3,865/mo, and a $2,594/mo payment keeps the spread at $556/mo. Purchase price stands at $529,900, and rental yield measures 8.75% with $3,865/mo rent. Return on cash invested shows 23.88% in year one, and 5% annual appreciation builds toward $146,402 over five years. Five-year ROI reaches 124.2% and total cumulative return in cash records $216,527. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,865/mo property income covering a $2,594/mo payment rather than investor’s personal income.
Single Family
Built in 2006
17.01 Acres lot
$N/A/sqft
No HOA
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Listed by: Alexandra E. Bloch • EDGE OF THE WILDERNESS REALTY
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6796480