WhiteoverlookPequot LakesMN56472
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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
Rental property for sale in Pequot Lakes at Whiteoverlook, Pequot Lakes, MN, 56472 generates $3,281/mo in rent and, after a $1,786/mo payment, leaves $1,002/mo in cash flow. Total monthly income is $3,281/mo, and annual cash flow is $12,027/yr on $120,998 invested. Return on cash invested sits at 29.85% in year one, and rental yield is 10.79% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 156.25% and total cumulative return in cash sums $189,055. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,281/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.62 Acres lot
$N/A/sqft
No 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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Listed by: Eli Kohorst • LPT Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6523484