301 Dugan St NWelcomeMN56181
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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 Welcome at 301 Dugan St N, Welcome, MN, 56181 uses $41,438 cash to close to unlock $2,655/yr annual cash flow and $221/mo monthly cash flow. Total monthly income runs $1,002/mo, and a $612/mo payment keeps the spread at $221/mo. Purchase price stands at $125,000, and rental yield measures 9.62% with $1,002/mo rent. Return on cash invested shows 26.32% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 137.37% and total cumulative return in cash records $56,921. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,002/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1900
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56181, Welcome, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 522 (100%) |
| Owner Occupied HU | 378 (72.4%) |
| Renter Occupied HU | 81 (15.5%) |
| Vacant Housing Units | 63 (12.1%) |
| Median Home Value | $187,500 |
| Average Home Value | $278,763 |
Housing Distribution
Address Breakdown
Residential
340
Single Family
340
Multi-Family
0
Businesses
35
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