706 Rensvold BlvdMoorheadMN56560
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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 Moorhead at 706 Rensvold Blvd, Moorhead, MN, 56560 with 5% annual appreciation on a $342,500 basis while $2,731/mo rent supports operations. Total monthly income totals $2,731/mo and a $1,676/mo payment preserves $593/mo for cash returns. Annual cash flow comes to $7,111/yr on $113,539 deployed, and return on cash invested reaches 26.17% in year one. Equity gained on principal adds $2,210/yr, and five-year appreciation sums $94,626 alongside rental yield of 9.57%. Five-year ROI measures 136.52% and total cumulative return in cash totals $155,003.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,731/mo property income versus a $1,676/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56560, Moorhead, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,988 (100%) |
| Owner Occupied HU | 10,864 (54.4%) |
| Renter Occupied HU | 7,732 (38.7%) |
| Vacant Housing Units | 1,392 ( 7.0%) |
| Median Home Value | $304,220 |
| Average Home Value | $340,835 |
Housing Distribution
Address Breakdown
Residential
18,934
Single Family
13,479
Multi-Family
5,455
Businesses
933
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