2586 State Highway 113WaubunMN56589
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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
Investment property for sale in Waubun at 2586 State Highway 113, Waubun, MN, 56589 earns from $648/mo rent with a $661/mo payment. Total monthly income totals $648/mo. ROI tracks 14.67% on current figures, and rental yield reads 5.76% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 74.87% and total cumulative return in cash sums $33,505. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $648/mo property income instead of your personal income.
Single Family
Built in 2024
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56589, Waubun, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,122 (100%) |
| Owner Occupied HU | 544 (48.5%) |
| Renter Occupied HU | 178 (15.9%) |
| Vacant Housing Units | 400 (35.7%) |
| Median Home Value | $245,139 |
| Average Home Value | $266,512 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
628
Multi-Family
48
Businesses
29
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