Cabin 6 Cres #173Deer RiverMN56636
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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 Deer River at Cabin 6 Cres #173, Deer River, MN, 56636 offers a 5.17% rental yield on a $195,000 purchase with $840/mo rent. 91% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 65.36% and total cumulative return in cash at $42,250. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $840/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
N/A lot
$N/A/sqft
No HOA
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Listed by: TODD STONE • MN DIRECT PROPERTIES
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6788685