508 Highway 25WatertownMN55388
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 Watertown at 508 Highway 25, Watertown, MN, 55388 uses $106,080 cash to close to unlock $4,176/yr annual cash flow and $348/mo monthly cash flow. Total monthly income runs $2,346/mo, and a $1,566/mo payment keeps the spread at $348/mo. Purchase price stands at $320,000, and rental yield measures 8.8% with $2,346/mo rent. Return on cash invested shows 23.85% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 124.01% and total cumulative return in cash records $131,547. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,346/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55388, Watertown, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,412 (100%) |
| Owner Occupied HU | 1,977 (82.0%) |
| Renter Occupied HU | 361 (15.0%) |
| Vacant Housing Units | 74 ( 3.1%) |
| Median Home Value | $379,982 |
| Average Home Value | $429,614 |
Housing Distribution
Address Breakdown
Residential
2,114
Single Family
2,058
Multi-Family
56
Businesses
161
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices