28599 310th St, Wendell, MN, 56590 | 7.18% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Wendell at 28599 310th St, Wendell, MN, 56590 offers a 7.18% rental yield on a $269,000 purchase with $1,609/mo rent. 95% in year one. Equity gained on principal adds $1,736/yr while 5% annual appreciation supports $74,320 over five years. Portfolio math shows five-year ROI at 97.78% and total cumulative return in cash at $87,191. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,609/mo property income against a $1,317/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1946

9 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 56590, Wendell, MN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	191 (100%)
Owner Occupied HU	134 (70.2%)
Renter Occupied HU	23 (12.0%)
Vacant Housing Units	34 (17.8%)
Median Home Value	$293,182
Average Home Value	$358,750