7470 S Point LnBrittMN55710
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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
Total monthly income runs $2,119/mo, and a $2,203/mo payment. Purchase price stands at $450,000, and rental yield measures 5.65% with $2,119/mo rent. Return on cash invested shows 14.35% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 73.09% and total cumulative return in cash records $109,038. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,119/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1973
1.72 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: Julia Maki • B.I.C. Realty
Mls Name: Range AOR
Mls ID: #148392
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