6836 159th St NEAtwaterMN56209
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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 Atwater at 6836 159th St NE, Atwater, MN, 56209 generates $1,254/mo in rent, after a $2,349/mo payment. Total monthly income is $1,254/mo. Return on cash invested sits at 6.76% in year one, and rental yield is 3.14% on a $479,900 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,588 over five years. Five-year ROI reaches 32.43% and total cumulative return in cash sums $51,597. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,254/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
5.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56209, Atwater, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,257 (100%) |
| Owner Occupied HU | 775 (61.7%) |
| Renter Occupied HU | 167 (13.3%) |
| Vacant Housing Units | 315 (25.1%) |
| Median Home Value | $270,238 |
| Average Home Value | $344,139 |
Housing Distribution
Address Breakdown
Residential
740
Single Family
740
Multi-Family
0
Businesses
55
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