1519 9th 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 1519 9th St SW, Willmar, MN, 56201 uses $72,599 cash to close to unlock $1,612/yr annual cash flow and $134/mo monthly cash flow. Total monthly income runs $1,502/mo, and a $1,072/mo payment keeps the spread at $134/mo. Purchase price stands at $219,000, and rental yield measures 8.23% with $1,502/mo rent. Return on cash invested shows 22.13% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 114.87% and total cumulative return in cash records $83,397. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,502/mo property income covering a $1,072/mo payment rather than investor’s personal income.
Single Family
Built in 1957
N/A 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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