141 Washington StWalnut GroveMN56180
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 Walnut Grove at 141 Washington St, Walnut Grove, MN, 56180 priced at $265,000 pairs $2,411/mo rent with $756/mo cash flow after a $1,297/mo payment. Total monthly income equals $2,411/mo, and annual cash flow comes to $9,075/yr on $87,848 invested. Return on cash invested is 30.24% in year one, and rental yield stands at 10.92% on a $265,000 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,215 by year five. Five-year ROI measures 158.35% and total cumulative return in cash reaches $139,107. For financing, Ziffy Mortgage’s DSCR program evaluates $2,411/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56180, Walnut Grove, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 534 (100%) |
| Owner Occupied HU | 349 (65.4%) |
| Renter Occupied HU | 107 (20.0%) |
| Vacant Housing Units | 78 (14.6%) |
| Median Home Value | $176,250 |
| Average Home Value | $223,761 |
Housing Distribution
Address Breakdown
Residential
448
Single Family
384
Multi-Family
64
Businesses
41
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Kuhnau - Jana Reilly Home Team • Keller Williams Preferred Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7005385