3078 Woodcock Trl NERemerMN56672
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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 Remer at 3078 Woodcock Trl NE, Remer, MN, 56672 priced at $107,000 pairs $818/mo rent with $150/mo cash flow after a $524/mo payment. Total monthly income equals $818/mo, and annual cash flow comes to $1,795/yr on $35,471 invested. Return on cash invested is 24.97% in year one, and rental yield stands at 9.17% on a $107,000 basis. Equity gained on principal adds $690/yr, and 5% annual appreciation accumulates to $29,562 by year five. Five-year ROI measures 130.13% and total cumulative return in cash reaches $46,158. For financing, Ziffy Mortgage’s DSCR program evaluates $818/mo property income against a $524/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2007
2.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56672, Remer, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,273 (100%) |
| Owner Occupied HU | 816 (35.9%) |
| Renter Occupied HU | 110 ( 4.8%) |
| Vacant Housing Units | 1,347 (59.3%) |
| Median Home Value | $384,564 |
| Average Home Value | $429,427 |
Housing Distribution
Address Breakdown
Residential
1,364
Single Family
1,315
Multi-Family
49
Businesses
66
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