64 Pioneer TrlGarvinMN56132
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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 Garvin at 64 Pioneer Trl, Garvin, MN, 56132 priced at $777,777 converts $1,849/mo rent into after a $3,807/mo obligation. Total monthly income equals $1,849/mo. Return on cash invested prints 5.95% in year one, and rental yield reads 2.85% against a $777,777 entry. Equity gained on principal adds $5,019/yr, while 5% annual appreciation compiles into $214,885 by year five. Five-year ROI reaches 28.04% and total cumulative return in cash sums $71,762. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,849/mo property income covering a $3,807/mo payment, not borrower’s personal income.
Single Family
Built in 1990
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56132, Garvin, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 276 (100%) |
| Owner Occupied HU | 165 (59.8%) |
| Renter Occupied HU | 15 ( 5.4%) |
| Vacant Housing Units | 96 (34.8%) |
| Median Home Value | $363,043 |
| Average Home Value | $402,045 |
Housing Distribution
Address Breakdown
Residential
263
Single Family
263
Multi-Family
0
Businesses
9
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