6231 72nd St NERemerMN56672
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 6231 72nd St NE, Remer, MN, 56672 in Remer is capital appreciation. Rental yield 5.42%. The 5.42% gross yield at $299,950 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $82,871 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (1.00) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $62,376.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.4% | 7.0% |
| Monthly Cash Flow | $(820) | $800 |
City averages based on Remer market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,354 |
| Total Monthly Debt Service | $2,055 |
| DSCR Ratio | 0.66x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1955
13.63 Acres lot
$N/A/sqft
$301 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56672, Remer, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,273 (100%) |
| Owner Occupied HU | 816 (35.9%) |
| Renter Occupied HU | 110 ( 4.8%) |
| Vacant Housing Units | 1,347 (59.3%) |
| Median Home Value | $384,564 |
| Average Home Value | $429,427 |
Housing Distribution
Address Breakdown
Residential
1,364
Single Family
1,315
Multi-Family
49
Businesses
66
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
Single Family
Built in 1955
13.63 Acres lot
$N/A/sqft
$301 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56672, Remer, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,273 (100%) |
| Owner Occupied HU | 816 (35.9%) |
| Renter Occupied HU | 110 ( 4.8%) |
| Vacant Housing Units | 1,347 (59.3%) |
| Median Home Value | $384,564 |
| Average Home Value | $429,427 |
Housing Distribution
Address Breakdown
Residential
1,364
Single Family
1,315
Multi-Family
49
Businesses
66
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Jason Gorman Real Estate Team • Keller Williams Premier Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6684026
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