1960 Cottonwood Lake DrWindomMN56101
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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
Rental property for sale in Windom at 1960 Cottonwood Lake Dr, Windom, MN, 56101 generates $1,969/mo in rent, after a $1,615/mo payment. Total monthly income is $1,969/mo. Return on cash invested sits at 18.91% in year one, and rental yield is 7.16% on a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 97.54% and total cumulative return in cash sums $106,703. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,969/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56101, Windom, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,812 (100%) |
| Owner Occupied HU | 1,891 (67.2%) |
| Renter Occupied HU | 669 (23.8%) |
| Vacant Housing Units | 252 ( 9.0%) |
| Median Home Value | $185,506 |
| Average Home Value | $219,845 |
Housing Distribution
Address Breakdown
Residential
2,673
Single Family
2,322
Multi-Family
351
Businesses
284
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