46747 Poss Beach RdPelican RapidsMN56572
Nearby investment properties with comparable rents
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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
Rental property for sale in Pelican Rapids at 46747 Poss Beach Rd, Pelican Rapids, MN, 56572 generates $1,194/mo in rent, after a $5,996/mo payment. Total monthly income is $1,194/mo. Return on cash invested sits at 0.85% in year one, and rental yield is 1.17% on a $1,225,000 entry. Equity gained on principal adds $7,905/yr, while 5% annual appreciation builds toward $338,445 over five years. Five-year ROI reaches 0.63% and total cumulative return in cash sums $2,496. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,194/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56572, Pelican Rapids, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,171 (100%) |
| Owner Occupied HU | 1,890 (45.3%) |
| Renter Occupied HU | 469 (11.2%) |
| Vacant Housing Units | 1,812 (43.4%) |
| Median Home Value | $364,686 |
| Average Home Value | $430,345 |
Housing Distribution
Address Breakdown
Residential
2,463
Single Family
2,300
Multi-Family
163
Businesses
191
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Nearby investment properties with comparable prices
Listed by: Michael Carlson • RE/MAX Advantage Plus
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6687450
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