40339 45th AveWahkonMN56386
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
Investment property for sale in Wahkon at 40339 45th Ave, Wahkon, MN, 56386 offers a 9.6% rental yield on a $345,000 purchase with $2,760/mo rent. Total monthly income registers $2,760/mo, and a $1,689/mo payment leaves $605/mo available for distribution. Annual cash flow reaches $7,263/yr on $114,368 to close, and return on cash invested stands at 26.26% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 137% and total cumulative return in cash at $156,688. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,760/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56386, Wahkon, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 569 (100%) |
| Owner Occupied HU | 268 (47.1%) |
| Renter Occupied HU | 74 (13.0%) |
| Vacant Housing Units | 227 (39.9%) |
| Median Home Value | $296,667 |
| Average Home Value | $362,761 |
Housing Distribution
Address Breakdown
Residential
332
Single Family
332
Multi-Family
0
Businesses
23
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Nearby investment properties with comparable prices
Listed by: Angela Lapinski • RE/MAX Results - Nisswa
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6654948
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