7170 29th Ave SWPequot 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 7170 29th Ave SW, Pequot Lakes, MN, 56472 offers a 1.74% rental yield on a $625,000 purchase with $905/mo rent. 57% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,676 over five years. Portfolio math shows five-year ROI at 9.89% and total cumulative return in cash at $20,341. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $905/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
20 Acres 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: Albin Kuschel • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6754492