32488 230th StWabassoMN56293
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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 Wabasso at 32488 230th St, Wabasso, MN, 56293 earns $506/mo cash flow from $1,805/mo rent with a $1,018/mo payment. Total monthly income totals $1,805/mo, and annual cash flow totals $6,076/yr on $68,919 capital. ROI tracks 28.73% on current figures, and rental yield reads 10.42% at a $207,900 purchase. Equity gained on principal adds $1,342/yr, and 5% annual appreciation supports $57,439 over five years. Five-year ROI reaches 150.23% and total cumulative return in cash sums $103,540. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,805/mo property income instead of your personal income.
Single Family
Built in 1915
6.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56293, Wabasso, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 529 (100%) |
| Owner Occupied HU | 402 (76.0%) |
| Renter Occupied HU | 91 (17.2%) |
| Vacant Housing Units | 36 ( 6.8%) |
| Median Home Value | $210,256 |
| Average Home Value | $261,604 |
Housing Distribution
Address Breakdown
Residential
450
Single Family
411
Multi-Family
39
Businesses
43
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Listed by: Daniel Haala • Century 21 Atwood
Mls Name: RASM
Mls Provider:
Mls ID: #7037822
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, REALTOR Association of Southern MN. All Rights Reserved. Last Updated: 2025-10-30 21:09:26 PDT