57 Maki RdEskoMN55733
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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 Esko at 57 Maki Rd, Esko, MN, 55733 priced at $1,139,999 converts $4,594/mo rent into after a $5,580/mo obligation. Total monthly income equals $4,594/mo. Return on cash invested prints 12.17% in year one, and rental yield reads 4.84% against a $1,139,999 entry. Equity gained on principal adds $7,356/yr, while 5% annual appreciation compiles into $314,961 by year five. Five-year ROI reaches 61.29% and total cumulative return in cash sums $226,394. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,594/mo property income covering a $5,580/mo payment, not borrower’s personal income.
Single Family
Built in 2007
10.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55733, Esko, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,053 (100%) |
| Owner Occupied HU | 1,883 (91.7%) |
| Renter Occupied HU | 118 ( 5.7%) |
| Vacant Housing Units | 52 ( 2.5%) |
| Median Home Value | $355,523 |
| Average Home Value | $379,914 |
Housing Distribution
Address Breakdown
Residential
1,808
Single Family
1,786
Multi-Family
22
Businesses
84
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Nearby investment properties with comparable prices
Listed by: Betsy Norman • Think Minnesota Realty LLC
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6115113
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 2024 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.