7248 Reinertsen DrBrittMN55710
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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 Britt at 7248 Reinertsen Dr, Britt, MN, 55710 priced at $549,000 converts $2,731/mo rent into after a $2,687/mo obligation. Total monthly income equals $2,731/mo. Return on cash invested prints 15.43% in year one, and rental yield reads 5.97% against a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation compiles into $151,679 by year five. Five-year ROI reaches 78.86% and total cumulative return in cash sums $142,436. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,731/mo property income covering a $2,687/mo payment, not borrower’s personal income.
Single Family
Built in 1966
1.33 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: Lindsay Aagenes • Culbert Realty
Mls Name: Range AOR
Mls ID: #147726
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