31697 250th AveWendellMN56590
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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 Wendell at 31697 250th Ave, Wendell, MN, 56590 offers a 5.36% rental yield on a $289,900 purchase with $1,295/mo rent. 47% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 68.41% and total cumulative return in cash at $65,745. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,295/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
1 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 |
Housing Distribution
Address Breakdown
Residential
121
Single Family
121
Multi-Family
0
Businesses
12
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