12423 Pillager Creek Trl SWPillagerMN56473
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 12423 Pillager Creek Trl SW, Pillager, MN, 56473 in Pillager deserves attention. This $269,900 property earns $2,316/mo in rent, a 10.3% gross yield, and nets $631/mo after the $1,214/mo payment. DSCR 1.91 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $74,568 compounds alongside $2,486/yr in yearly equity build, for a total cumulative return of $142,988.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.5% |
| Monthly Cash Flow | $631 | $350 |
City averages based on Pillager market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,316 |
| Total Monthly Debt Service | $1,578 |
| DSCR Ratio | 1.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2005
2.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56473, Pillager, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,900 (100%) |
| Owner Occupied HU | 1,328 (69.9%) |
| Renter Occupied HU | 187 ( 9.8%) |
| Vacant Housing Units | 385 (20.3%) |
| Median Home Value | $336,149 |
| Average Home Value | $370,431 |
Housing Distribution
Address Breakdown
Residential
1,561
Single Family
1,549
Multi-Family
12
Businesses
70
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
Single Family
Built in 2005
2.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56473, Pillager, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,900 (100%) |
| Owner Occupied HU | 1,328 (69.9%) |
| Renter Occupied HU | 187 ( 9.8%) |
| Vacant Housing Units | 385 (20.3%) |
| Median Home Value | $336,149 |
| Average Home Value | $370,431 |
Housing Distribution
Address Breakdown
Residential
1,561
Single Family
1,549
Multi-Family
12
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices