104 S Nicollet StWinthropMN55396
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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 Winthrop at 104 S Nicollet St, Winthrop, MN, 55396 generates $1,739/mo in rent and, after a $636/mo payment, leaves $928/mo in cash flow. Total monthly income is $1,739/mo, and annual cash flow is $11,130/yr on $43,095 invested. Return on cash invested sits at 45.74% in year one, and rental yield is 16.05% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 241.48% and total cumulative return in cash sums $104,067. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,739/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A 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
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