736 Oak TrlFergus FallsMN56537
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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 Fergus Falls at 736 Oak Trl, Fergus Falls, MN, 56537 priced at $489,000 converts $1,014/mo rent into after a $2,393/mo obligation. Total monthly income equals $1,014/mo. Return on cash invested prints 4.81% in year one, and rental yield reads 2.49% against a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation compiles into $135,102 by year five. Five-year ROI reaches 21.96% and total cumulative return in cash sums $35,590. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,014/mo property income covering a $2,393/mo payment, not borrower’s personal income.
Townhouse
Built in 2023
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56537, Fergus Falls, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,307 (100%) |
| Owner Occupied HU | 5,712 (61.4%) |
| Renter Occupied HU | 2,527 (27.2%) |
| Vacant Housing Units | 1,068 (11.5%) |
| Median Home Value | $267,806 |
| Average Home Value | $335,968 |
Housing Distribution
Address Breakdown
Residential
8,831
Single Family
7,325
Multi-Family
1,506
Businesses
704
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Listed by: Andrew Yaggie • Andrew Yaggie Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7011316