408 Mary AveWillmarMN56201
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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 Willmar at 408 Mary Ave, Willmar, MN, 56201 at $185,000 posts ROI 25.61% with $291/mo cash flow from $1,446/mo rent. Total monthly income equals $1,446/mo, and annual cash flow records $3,495/yr on $61,328 to close. Return on cash invested measures 25.61% and rental yield reads 9.38% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 133.53% and total cumulative return in cash totals $81,891.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,446/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56201, Willmar, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,526 (100%) |
| Owner Occupied HU | 5,890 (56.0%) |
| Renter Occupied HU | 3,749 (35.6%) |
| Vacant Housing Units | 887 ( 8.4%) |
| Median Home Value | $241,893 |
| Average Home Value | $298,572 |
Housing Distribution
Address Breakdown
Residential
10,110
Single Family
7,887
Multi-Family
2,223
Businesses
1,119
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