6011 Fox Chase RdHokahMN55941
Nearby investment properties with comparable rents
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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 Hokah at 6011 Fox Chase Rd, Hokah, MN, 55941 uses $112,677 cash to close to unlock $4,886/yr annual cash flow and $407/mo monthly cash flow. Total monthly income runs $2,530/mo, and a $1,664/mo payment keeps the spread at $407/mo. Purchase price stands at $339,900, and rental yield measures 8.93% with $2,530/mo rent. Return on cash invested shows 24.24% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 126.2% and total cumulative return in cash records $142,199. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,530/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55941, Hokah, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 532 (100%) |
| Owner Occupied HU | 424 (79.7%) |
| Renter Occupied HU | 67 (12.6%) |
| Vacant Housing Units | 41 ( 7.7%) |
| Median Home Value | $334,328 |
| Average Home Value | $398,962 |
Housing Distribution
Address Breakdown
Residential
230
Single Family
230
Multi-Family
0
Businesses
27
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Listed by: Angela Wilson • Gerrard-Hoeschler
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6740222
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