6899 156th Ave NWPennockMN56279
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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 Pennock at 6899 156th Ave NW, Pennock, MN, 56279 generates $1,210/mo in rent and, after a $759/mo payment, leaves $242/mo in cash flow. Total monthly income is $1,210/mo, and annual cash flow is $2,901/yr on $51,383 invested. Return on cash invested sits at 25.55% in year one, and rental yield is 9.37% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 133.22% and total cumulative return in cash sums $68,452. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,210/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
0.52 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56279, Pennock, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 524 (100%) |
| Owner Occupied HU | 404 (77.1%) |
| Renter Occupied HU | 61 (11.6%) |
| Vacant Housing Units | 59 (11.3%) |
| Median Home Value | $343,810 |
| Average Home Value | $395,761 |
Housing Distribution
Address Breakdown
Residential
339
Single Family
339
Multi-Family
0
Businesses
16
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