6 Forest Hill LnSwanvilleMN56382
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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 Swanville at 6 Forest Hill Ln, Swanville, MN, 56382 offers $3,454/mo rent that, after a $3,181/mo payment. Total monthly income is $3,454/mo. Return on cash invested measures 16.67% in year one, and rental yield stands at 6.38% at a $649,999 entry. Equity gained on principal adds $4,194/yr while 5% annual appreciation compounds into $179,583 by year five. Five-year ROI records 85.51% and total cumulative return in cash reaches $182,869. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,454/mo property income versus a $3,181/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
3.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56382, Swanville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 668 (100%) |
| Owner Occupied HU | 477 (71.4%) |
| Renter Occupied HU | 104 (15.6%) |
| Vacant Housing Units | 87 (13.0%) |
| Median Home Value | $334,071 |
| Average Home Value | $354,403 |
Housing Distribution
Address Breakdown
Residential
456
Single Family
456
Multi-Family
0
Businesses
36
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