308 E Dakota AveWingerMN56592
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 308 E Dakota Ave, Winger, MN, 56592 in Winger is priced for capital growth, not immediate cash flow. The $164,500 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $45,448 by year five, with $1,515/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Single Family
Built in 1948
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56592, Winger, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 209 (100%) |
| Owner Occupied HU | 145 (69.4%) |
| Renter Occupied HU | 37 (17.7%) |
| Vacant Housing Units | 27 (12.9%) |
| Median Home Value | $248,077 |
| Average Home Value | $306,293 |
Housing Distribution
Address Breakdown
Residential
147
Single Family
129
Multi-Family
18
Businesses
18
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1948
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56592, Winger, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 209 (100%) |
| Owner Occupied HU | 145 (69.4%) |
| Renter Occupied HU | 37 (17.7%) |
| Vacant Housing Units | 27 (12.9%) |
| Median Home Value | $248,077 |
| Average Home Value | $306,293 |
Housing Distribution
Address Breakdown
Residential
147
Single Family
129
Multi-Family
18
Businesses
18
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Ross Roragen • Juve Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6781301
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