361 E 5th StWinonaMN55987
Nearby investment properties with comparable rents
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
Investment Highlights
Rental property for sale in Winona at 361 E 5th St, Winona, MN, 55987 priced at $174,900 converts $1,980/mo rent into $888/mo cash flow after a $856/mo obligation. Total monthly income equals $1,980/mo, and annual cash flow totals $10,655/yr on $57,979 invested. Return on cash invested prints 38.29% in year one, and rental yield reads 13.58% against a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,322 by year five. Five-year ROI reaches 201.44% and total cumulative return in cash sums $116,796. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,980/mo property income covering a $856/mo payment, not borrower’s personal income.
Single Family
Built in 1900
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55987, Winona, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,269 (100%) |
| Owner Occupied HU | 8,760 (57.4%) |
| Renter Occupied HU | 5,359 (35.1%) |
| Vacant Housing Units | 1,150 ( 7.5%) |
| Median Home Value | $241,559 |
| Average Home Value | $307,143 |
Housing Distribution
Address Breakdown
Residential
14,958
Single Family
12,133
Multi-Family
2,825
Businesses
1,232
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Nearby investment properties with comparable prices
Listed by: Tim Tlougan • Edina Realty, Inc.
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6601701
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