6334 Wilderness Rd #31Pequot LakesMN56472
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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 Pequot Lakes at 6334 Wilderness Rd #31, Pequot Lakes, MN, 56472 uses $172,692 cash to close to unlock $3,641/yr annual cash flow and $303/mo monthly cash flow. Total monthly income runs $3,581/mo, and a $2,569/mo payment keeps the spread at $303/mo. Purchase price stands at $524,900, and rental yield measures 8.19% with $3,581/mo rent. Return on cash invested shows 22.17% in year one, and 5% annual appreciation builds toward $145,020 over five years. Five-year ROI reaches 115% and total cumulative return in cash records $198,601. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,581/mo property income covering a $2,569/mo payment rather than investor’s personal income.
Townhouse
Built in 2016
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56472, Pequot Lakes, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,474 (100%) |
| Owner Occupied HU | 3,086 (47.7%) |
| Renter Occupied HU | 673 (10.4%) |
| Vacant Housing Units | 2,715 (41.9%) |
| Median Home Value | $451,908 |
| Average Home Value | $547,114 |
Housing Distribution
Address Breakdown
Residential
4,825
Single Family
4,486
Multi-Family
339
Businesses
293
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Listed by: Chad Schwendeman • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7004713