LOT 1 E Moose Horn DrMoose LakeMN55767
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 Moose Lake at LOT 1 E Moose Horn Dr, Moose Lake, MN, 55767 priced at $396,900 pairs $1,231/mo rent with after a $1,943/mo payment. Total monthly income equals $1,231/mo. Return on cash invested is 8.53% in year one, and rental yield stands at 3.72% on a $396,900 basis. Equity gained on principal adds $2,561/yr, and 5% annual appreciation accumulates to $109,656 by year five. Five-year ROI measures 41.92% and total cumulative return in cash reaches $55,155. For financing, Ziffy Mortgage’s DSCR program evaluates $1,231/mo property income against a $1,943/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 2025
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55767, Moose Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,700 (100%) |
| Owner Occupied HU | 945 (55.6%) |
| Renter Occupied HU | 370 (21.8%) |
| Vacant Housing Units | 385 (22.6%) |
| Median Home Value | $270,122 |
| Average Home Value | $303,098 |
Housing Distribution
Address Breakdown
Residential
1,160
Single Family
1,030
Multi-Family
130
Businesses
140
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Listed by: Amy Perrine • NextHome Perrine & Associates
Mls Name: Lake Superior Area Realtors
Mls ID: #6121390