1310 Pleasant AveWaubunMN56589
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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
Total monthly income runs $648/mo, and a $783/mo payment. Purchase price stands at $160,000, and rental yield measures 4.86% with $648/mo rent. Return on cash invested shows 11.97% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 60.32% and total cumulative return in cash records $31,994. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $648/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56589, Waubun, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,122 (100%) |
| Owner Occupied HU | 544 (48.5%) |
| Renter Occupied HU | 178 (15.9%) |
| Vacant Housing Units | 400 (35.7%) |
| Median Home Value | $245,139 |
| Average Home Value | $266,512 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
628
Multi-Family
48
Businesses
29
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