1211 6th Ave NWPerhamMN56573
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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 Perham at 1211 6th Ave NW, Perham, MN, 56573 offers a 9.5% rental yield on a $390,000 purchase with $3,089/mo rent. Total monthly income registers $3,089/mo, and a $1,909/mo payment leaves $654/mo available for distribution. Annual cash flow reaches $7,842/yr on $129,285 to close, and return on cash invested stands at 25.97% in year one. Equity gained on principal adds $2,517/yr while 5% annual appreciation supports $107,750 over five years. Portfolio math shows five-year ROI at 135.46% and total cumulative return in cash at $175,124. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,089/mo property income against a $1,909/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56573, Perham, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,939 (100%) |
| Owner Occupied HU | 2,063 (52.4%) |
| Renter Occupied HU | 940 (23.9%) |
| Vacant Housing Units | 936 (23.8%) |
| Median Home Value | $309,896 |
| Average Home Value | $398,617 |
Housing Distribution
Address Breakdown
Residential
3,349
Single Family
2,894
Multi-Family
455
Businesses
367
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