7623 Lone Oak 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
Investment property for sale in Brainerd at 7623 Lone Oak Rd, Brainerd, MN, 56401 listed at $518,900 pairs $5,893/mo rent with a $2,540/mo payment to leave $2,652/mo cash flow. Total monthly income runs $5,893/mo, and annual cash flow reaches $31,830/yr on $170,718 cash to close. Return on cash invested measures 38.7% in year one, and rental yield registers 13.63% at a $518,900 basis. Equity gained on principal adds $3,348/yr, and annual property appreciation at 5% supports $143,363 by year five. Five-year ROI tracks 203.68% and total cumulative return in cash totals $347,726. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,893/mo property income relative to a $2,540/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
2.50 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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Nearby investment properties with comparable prices
Listed by: May Xiong • Realty Group LLC
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6571519
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