6624 E Mud Lake RdWrightMN55798
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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 Wright at 6624 E Mud Lake Rd, Wright, MN, 55798 earns from $0/mo rent with a $1,904/mo payment. Total monthly income totals $0/mo. ROI tracks -2.7% on current figures, and rental yield reads 0% at a $389,000 purchase. Equity gained on principal adds $2,510/yr, and 5% annual appreciation supports $107,474 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 2001
7.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55798, Wright, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 434 (100%) |
| Owner Occupied HU | 203 (46.8%) |
| Renter Occupied HU | 36 ( 8.3%) |
| Vacant Housing Units | 195 (44.9%) |
| Median Home Value | $271,023 |
| Average Home Value | $291,404 |
Housing Distribution
Address Breakdown
Residential
286
Single Family
286
Multi-Family
0
Businesses
20
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