6815 Village Oaks Dr NERemerMN56672
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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 Remer at 6815 Village Oaks Dr NE, Remer, MN, 56672 with 5% annual appreciation on a $169,900 basis while $1,337/mo rent supports operations. Total monthly income totals $1,337/mo and a $832/mo payment preserves $276/mo for cash returns. Annual cash flow comes to $3,308/yr on $56,322 deployed, and return on cash invested reaches 25.78% in year one. Equity gained on principal adds $1,096/yr, and five-year appreciation sums $46,940 alongside rental yield of 9.44%. Five-year ROI measures 134.42% and total cumulative return in cash totals $75,710.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,337/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
2.49 Acres lot
$N/A/sqft
No 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
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Listed by: Melanie E Mix • Heartland Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6654137
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