47631 Henry Hill LnPelican RapidsMN56572
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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 Pelican Rapids at 47631 Henry Hill Ln, Pelican Rapids, MN, 56572 offers a 9.79% rental yield on a $277,100 purchase with $2,261/mo rent. Total monthly income registers $2,261/mo, and a $1,356/mo payment leaves $531/mo available for distribution. Annual cash flow reaches $6,371/yr on $91,859 to close, and return on cash invested stands at 26.84% in year one. Equity gained on principal adds $1,788/yr while 5% annual appreciation supports $76,558 over five years. Portfolio math shows five-year ROI at 140.1% and total cumulative return in cash at $128,698. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,261/mo property income against a $1,356/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56572, Pelican Rapids, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,171 (100%) |
| Owner Occupied HU | 1,890 (45.3%) |
| Renter Occupied HU | 469 (11.2%) |
| Vacant Housing Units | 1,812 (43.4%) |
| Median Home Value | $364,686 |
| Average Home Value | $430,345 |
Housing Distribution
Address Breakdown
Residential
2,463
Single Family
2,300
Multi-Family
163
Businesses
191
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Nearby investment properties with comparable prices
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