907 6th St SWPipestoneMN56164
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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 Pipestone at 907 6th St SW, Pipestone, MN, 56164 generates $0/mo in rent, after a $784/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.7% in year one, and rental yield is 0% on a $160,103 entry. Equity gained on principal adds $1,033/yr, while 5% annual appreciation builds toward $44,234 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56164, Pipestone, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,625 (100%) |
| Owner Occupied HU | 1,696 (64.6%) |
| Renter Occupied HU | 645 (24.6%) |
| Vacant Housing Units | 284 (10.8%) |
| Median Home Value | $181,818 |
| Average Home Value | $210,498 |
Housing Distribution
Address Breakdown
Residential
2,591
Single Family
2,326
Multi-Family
265
Businesses
295
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Leslie Lynn Reese • Keller Williams Realty-SF
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6605884
Disclaimer: Based on information submitted to the MLS GRID as of 2024-10-14 06:31:19 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_28) By searching Northstar MLS listings you agree to the [Northstar MLS End User License Agreement](https://static1.squarespace.com/static/56c4eea9d51cd483819dae7b/t/56cbe7e32fe13151e10e6b3d/1456203748061/EULA.pdf)