507 Welco Ln WMontgomeryMN56069
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 Montgomery at 507 Welco Ln W, Montgomery, MN, 56069 uses $95,107 cash to close to unlock $11,348/yr annual cash flow and $946/mo monthly cash flow. Total monthly income runs $2,737/mo, and a $1,404/mo payment keeps the spread at $946/mo. Purchase price stands at $286,900, and rental yield measures 11.45% with $2,737/mo rent. Return on cash invested shows 31.84% in year one, and 5% annual appreciation builds toward $79,265 over five years. Five-year ROI reaches 166.92% and total cumulative return in cash records $158,751. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,737/mo property income covering a $1,404/mo payment rather than investor’s personal income.
Townhouse
Built in 2001
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56069, Montgomery, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,200 (100%) |
| Owner Occupied HU | 1,638 (74.5%) |
| Renter Occupied HU | 419 (19.0%) |
| Vacant Housing Units | 143 ( 6.5%) |
| Median Home Value | $347,687 |
| Average Home Value | $457,990 |
Housing Distribution
Address Breakdown
Residential
2,100
Single Family
1,997
Multi-Family
103
Businesses
140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristen Rezac • Keller Williams Preferred Rlty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6737927