6100 Herranen RdWrightMN55798
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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 Wright at 6100 Herranen Rd, Wright, MN, 55798 generates $1,486/mo in rent and, after a $930/mo payment, leaves $300/mo in cash flow. Total monthly income is $1,486/mo, and annual cash flow is $3,594/yr on $62,985 invested. Return on cash invested sits at 25.62% in year one, and rental yield is 9.39% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 133.56% and total cumulative return in cash sums $84,120. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,486/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55798, Wright, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 434 (100%) |
| Owner Occupied HU | 203 (46.8%) |
| Renter Occupied HU | 36 ( 8.3%) |
| Vacant Housing Units | 195 (44.9%) |
| Median Home Value | $271,023 |
| Average Home Value | $291,404 |
Housing Distribution
Address Breakdown
Residential
286
Single Family
286
Multi-Family
0
Businesses
20
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