66156 County Road 132NorthomeMN56661
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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 Northome at 66156 County Road 132, Northome, MN, 56661 earns $171/mo cash flow from $1,433/mo rent with a $989/mo payment. Total monthly income totals $1,433/mo, and annual cash flow totals $2,056/yr on $66,963 capital. ROI tracks 22.98% on current figures, and rental yield reads 8.51% at a $202,000 purchase. Equity gained on principal adds $1,303/yr, and 5% annual appreciation supports $55,809 over five years. Five-year ROI reaches 119.42% and total cumulative return in cash sums $79,968. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,433/mo property income instead of your personal income.
Manufactured
Built in 1999
9.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56661, Northome, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 691 (100%) |
| Owner Occupied HU | 331 (47.9%) |
| Renter Occupied HU | 43 ( 6.2%) |
| Vacant Housing Units | 317 (45.9%) |
| Median Home Value | $207,738 |
| Average Home Value | $261,601 |
Housing Distribution
Address Breakdown
Residential
344
Single Family
334
Multi-Family
10
Businesses
42
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