7091 Sherwood Anderson RdBrittMN55710
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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 Britt at 7091 Sherwood Anderson Rd, Britt, MN, 55710 with 5% annual appreciation on a $197,500 basis while $0/mo rent supports operations. 7% in year one. Equity gained on principal adds $1,274/yr, and five-year appreciation sums $54,566 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $967/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1949
40.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55710, Britt, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 850 (100%) |
| Owner Occupied HU | 542 (63.8%) |
| Renter Occupied HU | 39 ( 4.6%) |
| Vacant Housing Units | 269 (31.6%) |
| Median Home Value | $320,139 |
| Average Home Value | $382,698 |
Housing Distribution
Address Breakdown
Residential
636
Single Family
636
Multi-Family
0
Businesses
7
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Listed by: Greg Hoffman • Edina Realty, Inc. - Virginia
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6116155
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.