1801 Becker Ave SE APT 202WillmarMN56201
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
Investment property for sale in Willmar at 1801 Becker Ave SE APT 202, Willmar, MN, 56201 offers a 10.31% rental yield on a $178,000 purchase with $1,529/mo rent. 69% in year one. Equity gained on principal adds $1,149/yr while 5% annual appreciation supports $49,178 over five years. Portfolio math shows five-year ROI at 84.95% and total cumulative return in cash at $50,125. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,529/mo property income against a $871/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
1,742 sqft lot
$N/A/sqft
$625 monthly 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: Joel Jacobson • Edina Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6706735
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