7470 S Point RdAngoraMN55703
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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 Angora at 7470 S Point Rd, Angora, MN, 55703 offers a 0% rental yield on a $450,000 purchase with $0/mo rent. 7% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
1.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55703, Angora, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 408 (100%) |
| Owner Occupied HU | 251 (61.5%) |
| Renter Occupied HU | 32 ( 7.8%) |
| Vacant Housing Units | 125 (30.6%) |
| Median Home Value | $303,125 |
| Average Home Value | $339,612 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
318
Multi-Family
0
Businesses
4
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Listed by: Julia Maki • B.I.C. Realty
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119633
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.