205 N 6th StWarrenMN56762
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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 Warren at 205 N 6th St, Warren, MN, 56762 generates $960/mo in rent and, after a $680/mo payment, leaves $92/mo in cash flow. Total monthly income is $960/mo, and annual cash flow is $1,108/yr on $46,079 invested. Return on cash invested sits at 22.31% in year one, and rental yield is 8.29% on a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 115.88% and total cumulative return in cash sums $53,396. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $960/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56762, Warren, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,076 (100%) |
| Owner Occupied HU | 719 (66.8%) |
| Renter Occupied HU | 235 (21.8%) |
| Vacant Housing Units | 122 (11.3%) |
| Median Home Value | $194,518 |
| Average Home Value | $217,090 |
Housing Distribution
Address Breakdown
Residential
1,135
Single Family
973
Multi-Family
162
Businesses
142
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