1319 Angel Ave SWWatertownMN55388
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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 Watertown at 1319 Angel Ave SW, Watertown, MN, 55388 uses $132,269 cash to close to unlock $7,684/yr annual cash flow and $640/mo monthly cash flow. Total monthly income runs $3,132/mo, and a $1,953/mo payment keeps the spread at $640/mo. Purchase price stands at $399,000, and rental yield measures 9.42% with $3,132/mo rent. Return on cash invested shows 25.72% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 134.09% and total cumulative return in cash records $177,362. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,132/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 2004
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55388, Watertown, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,412 (100%) |
| Owner Occupied HU | 1,977 (82.0%) |
| Renter Occupied HU | 361 (15.0%) |
| Vacant Housing Units | 74 ( 3.1%) |
| Median Home Value | $379,982 |
| Average Home Value | $429,614 |
Housing Distribution
Address Breakdown
Residential
2,114
Single Family
2,058
Multi-Family
56
Businesses
161
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