7409 Sand Lake 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 7409 Sand Lake Rd, Britt, MN, 55710 uses $38,089 cash to close to unlock $2,183/yr annual cash flow and $182/mo monthly cash flow. Total monthly income runs $899/mo, and a $562/mo payment keeps the spread at $182/mo. Purchase price stands at $114,900, and rental yield measures 9.39% with $899/mo rent. Return on cash invested shows 25.64% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 133.65% and total cumulative return in cash records $50,906. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $899/mo property income covering a $562/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.59 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: Thomas Sturgis • Perrella & Associates
Mls Name: Range AOR
Mls ID: #147148
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.