220 Front StCottonwoodMN56229
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Cottonwood at 220 Front St, Cottonwood, MN, 56229 offers $0/mo rent that, after a $1,028/mo payment. Total monthly income is $0/mo. Return on cash invested measures -2.7% in year one, and rental yield stands at 0% at a $210,000 entry. Equity gained on principal adds $1,355/yr while 5% annual appreciation compounds into $58,019 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,028/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56229, Cottonwood, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 756 (100%) |
| Owner Occupied HU | 547 (72.4%) |
| Renter Occupied HU | 131 (17.3%) |
| Vacant Housing Units | 78 (10.3%) |
| Median Home Value | $238,366 |
| Average Home Value | $276,458 |
Housing Distribution
Address Breakdown
Residential
641
Single Family
602
Multi-Family
39
Businesses
40
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Troy Deutz The Deutz Group • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6785567