7330 64th Ave NERemerMN56672
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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 Remer at 7330 64th Ave NE, Remer, MN, 56672 generates $1,645/mo in rent and, after a $1,126/mo payment, leaves $209/mo in cash flow. Total monthly income is $1,645/mo, and annual cash flow is $2,502/yr on $76,245 invested. Return on cash invested sits at 23.19% in year one, and rental yield is 8.58% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 120.55% and total cumulative return in cash sums $91,915. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,645/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
7.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56672, Remer, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,273 (100%) |
| Owner Occupied HU | 816 (35.9%) |
| Renter Occupied HU | 110 ( 4.8%) |
| Vacant Housing Units | 1,347 (59.3%) |
| Median Home Value | $384,564 |
| Average Home Value | $429,427 |
Housing Distribution
Address Breakdown
Residential
1,364
Single Family
1,315
Multi-Family
49
Businesses
66
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