9154 Highway 73AngoraMN55703
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 Angora at 9154 Highway 73, Angora, MN, 55703 offers a 8.18% rental yield on a $375,000 purchase with $2,557/mo rent. Total monthly income registers $2,557/mo, and a $1,835/mo payment leaves $216/mo available for distribution. Annual cash flow reaches $2,589/yr on $124,313 to close, and return on cash invested stands at 21.99% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 114.07% and total cumulative return in cash at $141,807. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,557/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
51.71 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrea Zupancich • Z' Up North Realty
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6113668
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 2024 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.