529 Olmstead StWinonaMN55987
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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 Winona at 529 Olmstead St, Winona, MN, 55987 uses $49,692 cash to close to unlock $6,044/yr annual cash flow and $504/mo monthly cash flow. Total monthly income runs $1,440/mo, and a $734/mo payment keeps the spread at $504/mo. Purchase price stands at $149,900, and rental yield measures 11.53% with $1,440/mo rent. Return on cash invested shows 32.07% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 168.17% and total cumulative return in cash records $83,567. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,440/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1900
4,486 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55987, Winona, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,269 (100%) |
| Owner Occupied HU | 8,760 (57.4%) |
| Renter Occupied HU | 5,359 (35.1%) |
| Vacant Housing Units | 1,150 ( 7.5%) |
| Median Home Value | $241,559 |
| Average Home Value | $307,143 |
Housing Distribution
Address Breakdown
Residential
14,958
Single Family
12,133
Multi-Family
2,825
Businesses
1,232
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