720 6th Dr NWPerhamMN56573
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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 Perham at 720 6th Dr NW, Perham, MN, 56573 listed at $310,000 pairs $2,999/mo rent with a $1,517/mo payment to leave $1,064/mo cash flow. Total monthly income runs $2,999/mo, and annual cash flow reaches $12,762/yr on $102,765 cash to close. Return on cash invested measures 32.33% in year one, and rental yield registers 11.61% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 169.52% and total cumulative return in cash totals $174,211. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,999/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56573, Perham, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,939 (100%) |
| Owner Occupied HU | 2,063 (52.4%) |
| Renter Occupied HU | 940 (23.9%) |
| Vacant Housing Units | 936 (23.8%) |
| Median Home Value | $309,896 |
| Average Home Value | $398,617 |
Housing Distribution
Address Breakdown
Residential
3,349
Single Family
2,894
Multi-Family
455
Businesses
367
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