48862 County Road 7GonvickMN56644
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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 Gonvick at 48862 County Road 7, Gonvick, MN, 56644 earns from $2,152/mo rent with a $2,183/mo payment. Total monthly income totals $2,152/mo. ROI tracks 14.77% on current figures, and rental yield reads 5.79% at a $446,100 purchase. Equity gained on principal adds $2,879/yr, and 5% annual appreciation supports $123,249 over five years. Five-year ROI reaches 75.35% and total cumulative return in cash sums $111,425. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,152/mo property income instead of your personal income.
Single Family
Built in N/A
39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56644, Gonvick, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 531 (100%) |
| Owner Occupied HU | 312 (58.8%) |
| Renter Occupied HU | 57 (10.7%) |
| Vacant Housing Units | 162 (30.5%) |
| Median Home Value | $236,957 |
| Average Home Value | $242,845 |
Housing Distribution
Address Breakdown
Residential
301
Single Family
285
Multi-Family
16
Businesses
24
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