17323 County Road 31 BlvdWelchMN55089
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 Welch at 17323 County Road 31 Blvd, Welch, MN, 55089 generates $1,913/mo in rent, after a $3,916/mo payment. Total monthly income is $1,913/mo. Return on cash invested sits at 6% in year one, and rental yield is 2.87% on a $800,000 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation builds toward $221,025 over five years. Five-year ROI reaches 28.31% and total cumulative return in cash sums $74,504. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,913/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
22.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55089, Welch, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 802 (100%) |
| Owner Occupied HU | 627 (78.2%) |
| Renter Occupied HU | 105 (13.1%) |
| Vacant Housing Units | 70 ( 8.7%) |
| Median Home Value | $425,000 |
| Average Home Value | $468,457 |
Housing Distribution
Address Breakdown
Residential
790
Single Family
770
Multi-Family
20
Businesses
23
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Nearby investment properties with comparable prices
Listed by: Amy S Piggee • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6767275
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