203 Trott Ave SEWillmarMN56201
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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 Willmar at 203 Trott Ave SE, Willmar, MN, 56201 priced at $179,500 converts $1,366/mo rent into $245/mo cash flow after a $879/mo obligation. Total monthly income equals $1,366/mo, and annual cash flow totals $2,936/yr on $59,504 invested. Return on cash invested prints 24.84% in year one, and rental yield reads 9.13% against a $179,500 entry. Equity gained on principal adds $1,158/yr, while 5% annual appreciation compiles into $49,593 by year five. Five-year ROI reaches 129.42% and total cumulative return in cash sums $77,008. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,366/mo property income covering a $879/mo payment, not borrower’s personal income.
Single Family
Built in 1890
0.19 sqft 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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