LOT 2 Piper LnBrainerdMN56401
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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 Brainerd at LOT 2 Piper Ln, Brainerd, MN, 56401 with 5% annual appreciation on a $570,700 basis while $3,203/mo rent supports operations. 76% in year one. Equity gained on principal adds $3,683/yr, and five-year appreciation sums $157,674 alongside rental yield of 6.73%. Five-year ROI measures 91.34% and total cumulative return in cash totals $171,509. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,203/mo property income versus a $2,793/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56401, Brainerd, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,322 (100%) |
| Owner Occupied HU | 9,656 (59.2%) |
| Renter Occupied HU | 3,772 (23.1%) |
| Vacant Housing Units | 2,894 (17.7%) |
| Median Home Value | $360,289 |
| Average Home Value | $419,575 |
Housing Distribution
Address Breakdown
Residential
14,110
Single Family
13,067
Multi-Family
1,043
Businesses
1,192
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