4716 Big Rice Lake Rd NERemerMN56672
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
Investment property for sale in Remer at 4716 Big Rice Lake Rd NE, Remer, MN, 56672 earns from $1,175/mo rent with a $978/mo payment. Total monthly income totals $1,175/mo. ROI tracks 18.59% on current figures, and rental yield reads 7.05% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 95.9% and total cumulative return in cash sums $63,553. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,175/mo property income instead of your personal income.
Single Family
Built in 2002
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56672, Remer, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,273 (100%) |
| Owner Occupied HU | 816 (35.9%) |
| Renter Occupied HU | 110 ( 4.8%) |
| Vacant Housing Units | 1,347 (59.3%) |
| Median Home Value | $384,564 |
| Average Home Value | $429,427 |
Housing Distribution
Address Breakdown
Residential
1,364
Single Family
1,315
Multi-Family
49
Businesses
66
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Nearby investment properties with comparable prices
Listed by: Joe R Laudenbach • Keller Williams Realty Professionals
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6735847
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