7062 Botzet Rd NECarlosMN56319
Nearby investment properties with comparable rents
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 Carlos at 7062 Botzet Rd NE, Carlos, MN, 56319 listed at $474,800 pairs $2,356/mo rent with a $2,324/mo payment. Total monthly income runs $2,356/mo. Return on cash invested measures 15.27% in year one, and rental yield registers 5.95% at a $474,800 basis. Equity gained on principal adds $3,064/yr, and annual property appreciation at 5% supports $131,178 by year five. Five-year ROI tracks 78.04% and total cumulative return in cash totals $122,836. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,356/mo property income relative to a $2,324/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56319, Carlos, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 732 (100%) |
| Owner Occupied HU | 501 (68.4%) |
| Renter Occupied HU | 76 (10.4%) |
| Vacant Housing Units | 155 (21.2%) |
| Median Home Value | $418,548 |
| Average Home Value | $467,315 |
Housing Distribution
Address Breakdown
Residential
530
Single Family
530
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices