9201 Breezy Point Dr #224Pequot LakesMN56472
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 Pequot Lakes at 9201 Breezy Point Dr #224, Pequot Lakes, MN, 56472 earns $6,681/mo cash flow from $8,400/mo rent with a $1,150/mo payment. Total monthly income totals $8,400/mo, and annual cash flow totals $80,171/yr on $77,869 capital. ROI tracks 122.86% on current figures, and rental yield reads 42.91% at a $234,900 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,899 over five years. Five-year ROI reaches 656.4% and total cumulative return in cash sums $511,137. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,400/mo property income instead of your personal income.
Condo
Built in 1964
435.60 sqft lot
$N/A/sqft
$252 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56472, Pequot Lakes, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,474 (100%) |
| Owner Occupied HU | 3,086 (47.7%) |
| Renter Occupied HU | 673 (10.4%) |
| Vacant Housing Units | 2,715 (41.9%) |
| Median Home Value | $451,908 |
| Average Home Value | $547,114 |
Housing Distribution
Address Breakdown
Residential
4,825
Single Family
4,486
Multi-Family
339
Businesses
293
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Nearby investment properties with comparable prices
Listed by: Noel M. Johnson • Premier Real Estate Services
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6612691
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