Xx Leaf River RdOttertailMN56571
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
Investment property for sale in Ottertail at Xx Leaf River Rd, Ottertail, MN, 56571 uses $33,150 cash to close to unlock $9,624/yr annual cash flow and $802/mo monthly cash flow. Total monthly income runs $1,426/mo, and a $489/mo payment keeps the spread at $802/mo. Purchase price stands at $100,000, and rental yield measures 17.11% with $1,426/mo rent. Return on cash invested shows 48.94% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 258.58% and total cumulative return in cash records $85,720. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,426/mo property income covering a $489/mo payment rather than investor’s personal income.
Lot
Built in N/A
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56571, Ottertail, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,804 (100%) |
| Owner Occupied HU | 809 (44.8%) |
| Renter Occupied HU | 125 ( 6.9%) |
| Vacant Housing Units | 870 (48.2%) |
| Median Home Value | $404,206 |
| Average Home Value | $472,951 |
Housing Distribution
Address Breakdown
Residential
1,106
Single Family
1,105
Multi-Family
1
Businesses
69
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Nearby investment properties with comparable prices
Listed by: Joann Gmyrek • Central MN Realty LLC
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6406064
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