908 SE 15th StBrainerdMN56401
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 908 SE 15th St, Brainerd, MN, 56401 earns $1,210/mo cash flow from $2,552/mo rent with a $1,052/mo payment. Total monthly income totals $2,552/mo, and annual cash flow totals $14,519/yr on $71,239 capital. ROI tracks 40.29% on current figures, and rental yield reads 14.25% at a $214,900 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,373 over five years. Five-year ROI reaches 212.18% and total cumulative return in cash sums $151,158. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,552/mo property income instead of your personal income.
Single Family
Built in 1912
9,147 sqft 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: Shanna Perez-Davis • Realty Group LLC
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6607303
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