33898 655th AveWatkinsMN55389
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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 Watkins at 33898 655th Ave, Watkins, MN, 55389 listed at $235,000 pairs $1,873/mo rent with a $1,150/mo payment to leave $406/mo cash flow. Total monthly income runs $1,873/mo, and annual cash flow reaches $4,869/yr on $77,903 cash to close. Return on cash invested measures 26.16% in year one, and rental yield registers 9.56% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 136.44% and total cumulative return in cash totals $106,288. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,873/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1902
9.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55389, Watkins, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,132 (100%) |
| Owner Occupied HU | 871 (76.9%) |
| Renter Occupied HU | 182 (16.1%) |
| Vacant Housing Units | 79 ( 7.0%) |
| Median Home Value | $312,640 |
| Average Home Value | $366,010 |
Housing Distribution
Address Breakdown
Residential
1,055
Single Family
1,007
Multi-Family
48
Businesses
50
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