6697 Wilson RdMakinenMN55763
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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 Makinen at 6697 Wilson Rd, Makinen, MN, 55763 priced at $235,000 pairs $1,426/mo rent with after a $1,150/mo payment. Total monthly income equals $1,426/mo. Return on cash invested is 19.27% in year one, and rental yield stands at 7.28% on a $235,000 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,926 by year five. Five-year ROI measures 99.51% and total cumulative return in cash reaches $77,524. For financing, Ziffy Mortgage’s DSCR program evaluates $1,426/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
10.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55763, Makinen, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 723 (100%) |
| Owner Occupied HU | 265 (36.7%) |
| Renter Occupied HU | 17 ( 2.4%) |
| Vacant Housing Units | 441 (61.0%) |
| Median Home Value | $294,355 |
| Average Home Value | $340,302 |
Housing Distribution
Address Breakdown
Residential
310
Single Family
310
Multi-Family
0
Businesses
3
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Listed by: Stephanie Mascarenas • Perrella & Associates
Mls Name: Range AOR
Mls ID: #148041
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.