7401 Ojibwa RdBrainerdMN56401
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
Rental property for sale in Brainerd at 7401 Ojibwa Rd, Brainerd, MN, 56401 priced at $469,000 converts $2,640/mo rent into after a $2,296/mo obligation. Total monthly income equals $2,640/mo. Return on cash invested prints 17.68% in year one, and rental yield reads 6.75% against a $469,000 entry. Equity gained on principal adds $3,026/yr, while 5% annual appreciation compiles into $129,576 by year five. Five-year ROI reaches 90.93% and total cumulative return in cash sums $141,379. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $2,296/mo payment, not borrower’s personal income.
Single Family
Built in 1960
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56401, Brainerd, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,322 (100%) |
| Owner Occupied HU | 9,656 (59.2%) |
| Renter Occupied HU | 3,772 (23.1%) |
| Vacant Housing Units | 2,894 (17.7%) |
| Median Home Value | $360,289 |
| Average Home Value | $419,575 |
Housing Distribution
Address Breakdown
Residential
14,110
Single Family
13,067
Multi-Family
1,043
Businesses
1,192
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Listed by: David Rohlf • Keller Williams Integrity Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6623090
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