Brandts Beach CtFarwellMN56327
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
Rental property for sale in Farwell at Brandts Beach Ct, Farwell, MN, 56327 priced at $175,000 converts $1,561/mo rent into $468/mo cash flow after a $857/mo obligation. Total monthly income equals $1,561/mo, and annual cash flow totals $5,613/yr on $58,013 invested. Return on cash invested prints 29.58% in year one, and rental yield reads 10.7% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 154.82% and total cumulative return in cash sums $89,815. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,561/mo property income covering a $857/mo payment, not borrower’s personal income.
Lot
Built in N/A
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56327, Farwell, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 612 (100%) |
| Owner Occupied HU | 353 (57.7%) |
| Renter Occupied HU | 32 ( 5.2%) |
| Vacant Housing Units | 227 (37.1%) |
| Median Home Value | $387,500 |
| Average Home Value | $467,557 |
Housing Distribution
Address Breakdown
Residential
360
Single Family
360
Multi-Family
0
Businesses
6
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Nearby investment properties with comparable prices
Listed by: Todd A Chester • Counselor Realty, Inc.
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6574941
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