235 6th NEOutingMN56662
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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 Outing at 235 6th NE, Outing, MN, 56662 earns from $3,136/mo rent with a $3,303/mo payment. Total monthly income totals $3,136/mo. ROI tracks 14.23% on current figures, and rental yield reads 5.58% at a $674,900 purchase. Equity gained on principal adds $4,355/yr, and 5% annual appreciation supports $186,462 over five years. Five-year ROI reaches 72.44% and total cumulative return in cash sums $160,855. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,136/mo property income instead of your personal income.
Single Family
Built in 2005
2.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56662, Outing, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,119 (100%) |
| Owner Occupied HU | 240 (21.4%) |
| Renter Occupied HU | 33 ( 2.9%) |
| Vacant Housing Units | 846 (75.6%) |
| Median Home Value | $413,953 |
| Average Home Value | $445,615 |
Housing Distribution
Address Breakdown
Residential
386
Single Family
386
Multi-Family
0
Businesses
34
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