1508 7 1/2 St SWWillmarMN56201
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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 Willmar at 1508 7 1/2 St SW, Willmar, MN, 56201 listed at $115,000 pairs $1,136/mo rent with a $563/mo payment to leave $383/mo cash flow. Total monthly income runs $1,136/mo, and annual cash flow reaches $4,596/yr on $38,123 cash to close. Return on cash invested measures 31.96% in year one, and rental yield registers 11.85% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 167.99% and total cumulative return in cash totals $64,041. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,136/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
6,534 sqft 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
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Listed by: Kimberly Katzenmeyer • Keller Williams Realty Integrity Northwest
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6724962
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