306 9th StWestbrookMN56183
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Westbrook at 306 9th St, Westbrook, MN, 56183 offers $2,158/mo rent that, after a $723/mo payment, leaves $1,092/mo cash flow. Total monthly income is $2,158/mo, and annual cash flow is $13,107/yr on $48,996 cash. Return on cash invested measures 46.66% in year one, and rental yield stands at 17.52% at a $147,800 entry. Equity gained on principal adds $954/yr while 5% annual appreciation compounds into $40,834 by year five. Five-year ROI records 247.73% and total cumulative return in cash reaches $121,379. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,158/mo property income versus a $723/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56183, Westbrook, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 644 (100%) |
| Owner Occupied HU | 469 (72.8%) |
| Renter Occupied HU | 97 (15.1%) |
| Vacant Housing Units | 78 (12.1%) |
| Median Home Value | $212,500 |
| Average Home Value | $249,659 |
Housing Distribution
Address Breakdown
Residential
546
Single Family
489
Multi-Family
57
Businesses
51
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