7717 Lake May Rd NWAkeleyMN56433
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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 Akeley at 7717 Lake May Rd NW, Akeley, MN, 56433 earns from $3,836/mo rent with a $3,793/mo payment. Total monthly income totals $3,836/mo. ROI tracks 15.34% on current figures, and rental yield reads 5.94% at a $774,900 purchase. Equity gained on principal adds $5,000/yr, and 5% annual appreciation supports $214,091 over five years. Five-year ROI reaches 78.37% and total cumulative return in cash sums $199,787. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,836/mo property income instead of your personal income.
Single Family
Built in 1992
11.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56433, Akeley, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,456 (100%) |
| Owner Occupied HU | 753 (51.7%) |
| Renter Occupied HU | 139 ( 9.5%) |
| Vacant Housing Units | 564 (38.7%) |
| Median Home Value | $349,662 |
| Average Home Value | $401,059 |
Housing Distribution
Address Breakdown
Residential
729
Single Family
709
Multi-Family
20
Businesses
36
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