Lots 3 & 4 Wakemup Narrows NOrrMN55771
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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 Orr at Lots 3 & 4 Wakemup Narrows N, Orr, MN, 55771 earns from $3,724/mo rent with a $3,402/mo payment. Total monthly income totals $3,724/mo. ROI tracks 16.83% on current figures, and rental yield reads 6.43% at a $695,000 purchase. Equity gained on principal adds $4,485/yr, and 5% annual appreciation supports $192,016 over five years. Five-year ROI reaches 86.34% and total cumulative return in cash sums $197,430. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,724/mo property income instead of your personal income.
Single Family
Built in 1962
9 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55771, Orr, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,828 (100%) |
| Owner Occupied HU | 567 (31.0%) |
| Renter Occupied HU | 132 ( 7.2%) |
| Vacant Housing Units | 1,129 (61.8%) |
| Median Home Value | $364,500 |
| Average Home Value | $401,305 |
Housing Distribution
Address Breakdown
Residential
878
Single Family
856
Multi-Family
22
Businesses
43
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Listed by: Lisa Janisch • Janisch Realty Inc
Mls Name: Range AOR
Mls ID: #146260
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.