13237 22nd Ave SWPillagerMN56473
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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 Pillager at 13237 22nd Ave SW, Pillager, MN, 56473 earns from $2,268/mo rent with a $1,855/mo payment. Total monthly income totals $2,268/mo. ROI tracks 18.97% on current figures, and rental yield reads 7.18% at a $379,000 purchase. Equity gained on principal adds $2,446/yr, and 5% annual appreciation supports $104,711 over five years. Five-year ROI reaches 97.89% and total cumulative return in cash sums $122,987. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,268/mo property income instead of your personal income.
Single Family
Built in 1998
2.73 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
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Listed by: Isaac D Bitter • Real Broker, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6708455
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