3021 75th St NWPennockMN56279
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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 Pennock at 3021 75th St NW, Pennock, MN, 56279 generates $2,974/mo in rent, after a $2,374/mo payment. Total monthly income is $2,974/mo. Return on cash invested sits at 19.5% in year one, and rental yield is 7.36% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 100.74% and total cumulative return in cash sums $161,966. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,974/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56279, Pennock, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 524 (100%) |
| Owner Occupied HU | 404 (77.1%) |
| Renter Occupied HU | 61 (11.6%) |
| Vacant Housing Units | 59 (11.3%) |
| Median Home Value | $343,810 |
| Average Home Value | $395,761 |
Housing Distribution
Address Breakdown
Residential
339
Single Family
339
Multi-Family
0
Businesses
16
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