4690 382nd DrNorth BranchMN55056
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 North Branch at 4690 382nd Dr, North Branch, MN, 55056 offers a 7.62% rental yield on a $425,000 purchase with $2,700/mo rent. Total monthly income registers $2,700/mo, and a $2,080/mo payment leaves $46/mo available for distribution. Annual cash flow reaches $555/yr on $140,888 to close, and return on cash invested stands at 20.3% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 105.05% and total cumulative return in cash at $148,001. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,700/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55056, North Branch, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,023 (100%) |
| Owner Occupied HU | 5,048 (83.8%) |
| Renter Occupied HU | 744 (12.4%) |
| Vacant Housing Units | 231 ( 3.8%) |
| Median Home Value | $344,979 |
| Average Home Value | $379,715 |
Housing Distribution
Address Breakdown
Residential
5,878
Single Family
5,217
Multi-Family
661
Businesses
335
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lindsay Schlagel • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6822052