305 Harrison StWelcomeMN56181
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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 305 Harrison St, Welcome, MN, 56181 at $454,900 posts ROI 17.58% with from $2,548/mo rent. Total monthly income equals $2,548/mo. Return on cash invested measures 17.58% and rental yield reads 6.72% at the current $454,900. Equity gained on principal adds $2,935/yr, and 5% annual appreciation supports $125,680 by year five. Five-year ROI prints 90.4% and total cumulative return in cash totals $136,316. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,548/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
1.12 Acres 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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