544 Washburn AveBelgradeMN56312
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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 Belgrade at 544 Washburn Ave, Belgrade, MN, 56312 at $180,000 posts ROI 31.57% with $580/mo cash flow from $1,704/mo rent. Total monthly income equals $1,704/mo, and annual cash flow records $6,960/yr on $59,670 to close. Return on cash invested measures 31.57% and rental yield reads 11.36% at the current $180,000. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 by year five. Five-year ROI prints 165.44% and total cumulative return in cash totals $98,717.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,704/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1876
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56312, Belgrade, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 964 (100%) |
| Owner Occupied HU | 701 (72.7%) |
| Renter Occupied HU | 192 (19.9%) |
| Vacant Housing Units | 71 ( 7.4%) |
| Median Home Value | $355,357 |
| Average Home Value | $445,435 |
Housing Distribution
Address Breakdown
Residential
684
Single Family
632
Multi-Family
52
Businesses
65
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