4220 23rd St NWWillmarMN56201
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 Willmar at 4220 23rd St NW, Willmar, MN, 56201 earns $986/mo cash flow from $3,383/mo rent with a $1,879/mo payment. Total monthly income totals $3,383/mo, and annual cash flow totals $11,827/yr on $127,296 capital. ROI tracks 29.2% on current figures, and rental yield reads 10.57% at a $384,000 purchase. Equity gained on principal adds $2,478/yr, and 5% annual appreciation supports $106,092 over five years. Five-year ROI reaches 152.74% and total cumulative return in cash sums $194,432. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,383/mo property income instead of your personal income.
Single Family
Built in 1975
0.79 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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Listed by: Samantha Crow-Morris • Bridge Realty, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6720289
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