6072 Chippewa TrlNorth BranchMN55056
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 North Branch at 6072 Chippewa Trl, North Branch, MN, 55056 uses $119,307 cash to close to unlock $11,786/yr annual cash flow and $982/mo monthly cash flow. Total monthly income runs $3,230/mo, and a $1,762/mo payment keeps the spread at $982/mo. Purchase price stands at $359,900, and rental yield measures 10.77% with $3,230/mo rent. Return on cash invested shows 29.79% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 155.91% and total cumulative return in cash records $186,014. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,230/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1979
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55056, North Branch, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,023 (100%) |
| Owner Occupied HU | 5,048 (83.8%) |
| Renter Occupied HU | 744 (12.4%) |
| Vacant Housing Units | 231 ( 3.8%) |
| Median Home Value | $344,979 |
| Average Home Value | $379,715 |
Housing Distribution
Address Breakdown
Residential
5,878
Single Family
5,217
Multi-Family
661
Businesses
335
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert A Boyce • Realty Executives Top Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6780090