235 Cleveland Ave EWinnebagoMN56098
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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 Winnebago at 235 Cleveland Ave E, Winnebago, MN, 56098 priced at $125,000 pairs $960/mo rent with $179/mo cash flow after a $612/mo payment. Total monthly income equals $960/mo, and annual cash flow comes to $2,151/yr on $41,438 invested. Return on cash invested is 25.1% in year one, and rental yield stands at 9.22% on a $125,000 basis. Equity gained on principal adds $807/yr, and 5% annual appreciation accumulates to $34,535 by year five. Five-year ROI measures 130.85% and total cumulative return in cash reaches $54,221. For financing, Ziffy Mortgage’s DSCR program evaluates $960/mo property income against a $612/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1891
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56098, Winnebago, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,054 (100%) |
| Owner Occupied HU | 645 (61.2%) |
| Renter Occupied HU | 241 (22.9%) |
| Vacant Housing Units | 168 (15.9%) |
| Median Home Value | $155,585 |
| Average Home Value | $215,845 |
Housing Distribution
Address Breakdown
Residential
660
Single Family
601
Multi-Family
59
Businesses
60
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