7192 21st 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
Total monthly income runs $2,093/mo, and a $1,698/mo payment. Purchase price stands at $347,000, and rental yield measures 7.24% with $2,093/mo rent. Return on cash invested shows 19.14% in year one, and 5% annual appreciation builds toward $95,870 over five years. Five-year ROI reaches 98.82% and total cumulative return in cash records $113,672. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,093/mo property income covering a $1,698/mo payment rather than investor’s personal income.
Single Family
Built in 1980
1.01 Acres 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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