114 1st StWolvertonMN56594
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
Investment Highlights
Rental property for sale in Wolverton at 114 1st St, Wolverton, MN, 56594 generates $1,646/mo in rent and, after a $1,175/mo payment, leaves $147/mo in cash flow. Total monthly income is $1,646/mo, and annual cash flow is $1,764/yr on $79,560 invested. Return on cash invested sits at 22.13% in year one, and rental yield is 8.23% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 114.8% and total cumulative return in cash sums $91,334. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,646/mo property income rather than buyer’s personal income.
Single Family
Built in 1922
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56594, Wolverton, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 288 (100%) |
| Owner Occupied HU | 219 (76.0%) |
| Renter Occupied HU | 27 ( 9.4%) |
| Vacant Housing Units | 42 (14.6%) |
| Median Home Value | $305,556 |
| Average Home Value | $313,105 |
Housing Distribution
Address Breakdown
Residential
115
Single Family
115
Multi-Family
0
Businesses
9
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Nearby investment properties with comparable prices
Listed by: Fred Hage • Raboin Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6728429
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