507 N Main StWinthropMN55396
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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 Winthrop at 507 N Main St, Winthrop, MN, 55396 with 5% annual appreciation on a $169,900 basis while $0/mo rent supports operations. 7% in year one. Equity gained on principal adds $1,096/yr, and five-year appreciation sums $46,940 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1915
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55396, Winthrop, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,024 (100%) |
| Owner Occupied HU | 721 (70.4%) |
| Renter Occupied HU | 197 (19.2%) |
| Vacant Housing Units | 106 (10.4%) |
| Median Home Value | $216,833 |
| Average Home Value | $261,120 |
Housing Distribution
Address Breakdown
Residential
749
Single Family
698
Multi-Family
51
Businesses
71
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