49306 Chokecherry LnMarcellMN56657
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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 Marcell at 49306 Chokecherry Ln, Marcell, MN, 56657 uses $158,789 cash to close to unlock $6,280/yr annual cash flow and $523/mo monthly cash flow. Total monthly income runs $3,514/mo, and a $2,344/mo payment keeps the spread at $523/mo. Purchase price stands at $479,000, and rental yield measures 8.8% with $3,514/mo rent. Return on cash invested shows 23.86% in year one, and 5% annual appreciation builds toward $132,339 over five years. Five-year ROI reaches 124.13% and total cumulative return in cash records $197,103. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,514/mo property income covering a $2,344/mo payment rather than investor’s personal income.
Single Family
Built in 1990
55.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56657, Marcell, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 586 (100%) |
| Owner Occupied HU | 175 (29.9%) |
| Renter Occupied HU | 11 ( 1.9%) |
| Vacant Housing Units | 400 (68.3%) |
| Median Home Value | $335,000 |
| Average Home Value | $372,300 |
Housing Distribution
Address Breakdown
Residential
176
Single Family
176
Multi-Family
0
Businesses
23
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Nearby investment properties with comparable prices
Listed by: Alexandra Bloch • Edge of the Wilderness Realty
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119314
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.