2402 Kenwood Dr SWWillmarMN56201
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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 2402 Kenwood Dr SW, Willmar, MN, 56201 offers $835/mo rent that, after a $528/mo payment, leaves $161/mo cash flow. Total monthly income is $835/mo, and annual cash flow is $1,936/yr on $35,769 cash. Return on cash invested measures 25.32% in year one, and rental yield stands at 9.29% at a $107,900 entry. Equity gained on principal adds $696/yr while 5% annual appreciation compounds into $29,811 by year five. Five-year ROI records 132.01% and total cumulative return in cash reaches $47,220. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $835/mo property income versus a $528/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1984
1.96 Acres 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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