201 Dugan St SWelcomeMN56181
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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 Welcome at 201 Dugan St S, Welcome, MN, 56181 priced at $239,000 converts $1,580/mo rent into $87/mo cash flow after a $1,170/mo obligation. Total monthly income equals $1,580/mo, and annual cash flow totals $1,048/yr on $79,229 invested. Return on cash invested prints 21.23% in year one, and rental yield reads 7.93% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 110.05% and total cumulative return in cash sums $87,192. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,580/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Single Family
Built in 1966
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56181, Welcome, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 522 (100%) |
| Owner Occupied HU | 378 (72.4%) |
| Renter Occupied HU | 81 (15.5%) |
| Vacant Housing Units | 63 (12.1%) |
| Median Home Value | $187,500 |
| Average Home Value | $278,763 |
Housing Distribution
Address Breakdown
Residential
340
Single Family
340
Multi-Family
0
Businesses
35
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