408 S Winnebago StCaledoniaMN55921
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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
Rental property for sale in Caledonia at 408 S Winnebago St, Caledonia, MN, 55921 priced at $179,900 converts $1,408/mo rent into $284/mo cash flow after a $881/mo obligation. Total monthly income equals $1,408/mo, and annual cash flow totals $3,410/yr on $59,637 invested. Return on cash invested prints 25.63% in year one, and rental yield reads 9.39% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 133.64% and total cumulative return in cash sums $79,701. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,408/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1951
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55921, Caledonia, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,173 (100%) |
| Owner Occupied HU | 1,568 (72.2%) |
| Renter Occupied HU | 418 (19.2%) |
| Vacant Housing Units | 187 ( 8.6%) |
| Median Home Value | $221,538 |
| Average Home Value | $281,610 |
Housing Distribution
Address Breakdown
Residential
2,006
Single Family
1,881
Multi-Family
125
Businesses
177
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