11860 County Road 12 BlvdWanamingoMN55983
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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 Wanamingo at 11860 County Road 12 Blvd, Wanamingo, MN, 55983 listed at $149,000 pairs $1,155/mo rent with a $729/mo payment to leave $225/mo cash flow. Total monthly income runs $1,155/mo, and annual cash flow reaches $2,698/yr on $49,394 cash to close. Return on cash invested measures 25.37% in year one, and rental yield registers 9.3% at a $149,000 basis. Equity gained on principal adds $961/yr, and annual property appreciation at 5% supports $41,166 by year five. Five-year ROI tracks 132.2% and total cumulative return in cash totals $65,296. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,155/mo property income relative to a $729/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1890
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55983, Wanamingo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 686 (100%) |
| Owner Occupied HU | 507 (73.9%) |
| Renter Occupied HU | 117 (17.1%) |
| Vacant Housing Units | 62 ( 9.0%) |
| Median Home Value | $318,000 |
| Average Home Value | $358,787 |
Housing Distribution
Address Breakdown
Residential
608
Single Family
558
Multi-Family
50
Businesses
68
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