1205 16th St SWWillmarMN56201
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
Investment property for sale in Willmar at 1205 16th St SW, Willmar, MN, 56201 earns $232/mo cash flow from $1,786/mo rent with a $1,218/mo payment. Total monthly income totals $1,786/mo, and annual cash flow totals $2,784/yr on $82,510 capital. ROI tracks 23.28% on current figures, and rental yield reads 8.61% at a $248,900 purchase. Equity gained on principal adds $1,606/yr, and 5% annual appreciation supports $68,766 over five years. Five-year ROI reaches 120.99% and total cumulative return in cash sums $99,829. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,786/mo property income instead of your personal income.
Single Family
Built in 1958
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56201, Willmar, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,526 (100%) |
| Owner Occupied HU | 5,890 (56.0%) |
| Renter Occupied HU | 3,749 (35.6%) |
| Vacant Housing Units | 887 ( 8.4%) |
| Median Home Value | $241,893 |
| Average Home Value | $298,572 |
Housing Distribution
Address Breakdown
Residential
10,110
Single Family
7,887
Multi-Family
2,223
Businesses
1,119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices