240 Cleveland Ave WWinnebagoMN56098
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
Investment property for sale in Winnebago at 240 Cleveland Ave W, Winnebago, MN, 56098 earns $186/mo cash flow from $991/mo rent with a $631/mo payment. Total monthly income totals $991/mo, and annual cash flow totals $2,230/yr on $42,764 capital. ROI tracks 25.12% on current figures, and rental yield reads 9.22% at a $129,000 purchase. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 over five years. Five-year ROI reaches 130.91% and total cumulative return in cash sums $55,981. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $991/mo property income instead of your personal income.
Single Family
Built in 1911
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices