317 7th St SWWadenaMN56482
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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 Wadena at 317 7th St SW, Wadena, MN, 56482 earns $772/mo cash flow from $2,202/mo rent with a $1,121/mo payment. Total monthly income totals $2,202/mo, and annual cash flow totals $9,262/yr on $75,914 capital. ROI tracks 32.11% on current figures, and rental yield reads 11.54% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 168.34% and total cumulative return in cash sums $127,793. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,202/mo property income instead of your personal income.
Single Family
Built in 1976
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56482, Wadena, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,149 (100%) |
| Owner Occupied HU | 1,820 (57.8%) |
| Renter Occupied HU | 961 (30.5%) |
| Vacant Housing Units | 368 (11.7%) |
| Median Home Value | $200,679 |
| Average Home Value | $246,760 |
Housing Distribution
Address Breakdown
Residential
2,954
Single Family
2,644
Multi-Family
310
Businesses
312
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