8912 Carpenter 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 8912 Carpenter Rd, Angora, MN, 55703 earns $1,171/mo cash flow from $2,576/mo rent with a $1,101/mo payment. Total monthly income totals $2,576/mo, and annual cash flow totals $14,055/yr on $74,588 capital. ROI tracks 38.75% on current figures, and rental yield reads 13.74% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 204% and total cumulative return in cash sums $152,157. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,576/mo property income instead of your personal income.
Single Family
Built in 1993
9 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: Riley Lind • eXp Realty
Mls Name: Range AOR
Mls ID: #147423
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.