211 Kelser StWelcomeMN56181
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 Welcome at 211 Kelser St, Welcome, MN, 56181 offers $1,271/mo rent that, after a $739/mo payment, leaves $328/mo cash flow. Total monthly income is $1,271/mo, and annual cash flow is $3,938/yr on $50,057 cash. Return on cash invested measures 27.78% in year one, and rental yield stands at 10.1% at a $151,000 entry. Equity gained on principal adds $974/yr while 5% annual appreciation compounds into $41,719 by year five. Five-year ROI records 145.2% and total cumulative return in cash reaches $72,680. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,271/mo property income versus a $739/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.50 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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Nearby investment properties with comparable prices