104 S Nicollet StWinthropMN55396
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Winthrop rental at 104 S Nicollet St, Winthrop, MN, 55396 sits in the solid-income band: 8.64% gross yield, $1,511/mo rent, $200/mo net after the $944/mo debt service, DSCR 1.60. Entry price of $209,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $57,992 and $1,933/yr in principal reduction bring total cumulative return to $92,542.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.2% |
| Monthly Cash Flow | $200 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,511 |
| Total Monthly Debt Service | $1,227 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1942
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55396, Winthrop, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,024 (100%) |
| Owner Occupied HU | 721 (70.4%) |
| Renter Occupied HU | 197 (19.2%) |
| Vacant Housing Units | 106 (10.4%) |
| Median Home Value | $216,833 |
| Average Home Value | $261,120 |
Housing Distribution
Address Breakdown
Residential
749
Single Family
698
Multi-Family
51
Businesses
71
Nearby investment properties with comparable rents
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
Single Family
Built in 1942
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55396, Winthrop, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,024 (100%) |
| Owner Occupied HU | 721 (70.4%) |
| Renter Occupied HU | 197 (19.2%) |
| Vacant Housing Units | 106 (10.4%) |
| Median Home Value | $216,833 |
| Average Home Value | $261,120 |
Housing Distribution
Address Breakdown
Residential
749
Single Family
698
Multi-Family
51
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices