540 4th St EWanamingoMN55983
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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 Wanamingo at 540 4th St E, Wanamingo, MN, 55983 earns $320/mo cash flow from $2,287/mo rent with a $1,542/mo payment. Total monthly income totals $2,287/mo, and annual cash flow totals $3,837/yr on $104,423 capital. ROI tracks 23.58% on current figures, and rental yield reads 8.71% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 122.62% and total cumulative return in cash sums $128,045. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,287/mo property income instead of your personal income.
Single Family
Built in 1980
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55983, Wanamingo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 686 (100%) |
| Owner Occupied HU | 507 (73.9%) |
| Renter Occupied HU | 117 (17.1%) |
| Vacant Housing Units | 62 ( 9.0%) |
| Median Home Value | $318,000 |
| Average Home Value | $358,787 |
Housing Distribution
Address Breakdown
Residential
608
Single Family
558
Multi-Family
50
Businesses
68
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