418 W Shore DrWindomMN56101
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
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 Windom at 418 W Shore Dr, Windom, MN, 56101 offers $2,797/mo rent that, after a $5,873/mo payment. Total monthly income is $2,797/mo. Return on cash invested measures 5.88% in year one, and rental yield stands at 2.8% at a $1,200,000 entry. Equity gained on principal adds $7,743/yr while 5% annual appreciation compounds into $331,538 by year five. Five-year ROI records 27.56% and total cumulative return in cash reaches $107,159. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,797/mo property income versus a $5,873/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56101, Windom, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,812 (100%) |
| Owner Occupied HU | 1,891 (67.2%) |
| Renter Occupied HU | 669 (23.8%) |
| Vacant Housing Units | 252 ( 9.0%) |
| Median Home Value | $185,506 |
| Average Home Value | $219,845 |
Housing Distribution
Address Breakdown
Residential
2,673
Single Family
2,322
Multi-Family
351
Businesses
284
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Jen True • True Real Estate
Mls Name: RASM
Mls Provider:
Mls ID: #7036406
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, REALTOR Association of Southern MN. All Rights Reserved. Last Updated: 2025-02-21 23:45:38 PST