2179 Monarch DrWrenshallMN55797
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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 Wrenshall at 2179 Monarch Dr, Wrenshall, MN, 55797 uses $94,444 cash to close to unlock $3,125/yr annual cash flow and $260/mo monthly cash flow. Total monthly income runs $2,039/mo, and a $1,394/mo payment keeps the spread at $260/mo. Purchase price stands at $284,900, and rental yield measures 8.59% with $2,039/mo rent. Return on cash invested shows 23.22% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 120.68% and total cumulative return in cash records $113,975. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,039/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Single Family
Built in 2004
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55797, Wrenshall, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 685 (100%) |
| Owner Occupied HU | 557 (81.3%) |
| Renter Occupied HU | 93 (13.6%) |
| Vacant Housing Units | 35 ( 5.1%) |
| Median Home Value | $254,657 |
| Average Home Value | $276,140 |
Housing Distribution
Address Breakdown
Residential
570
Single Family
570
Multi-Family
0
Businesses
15
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