600 Russell St NWWillmarMN56201
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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 Willmar at 600 Russell St NW, Willmar, MN, 56201 with 5% annual appreciation on a $189,900 basis while $1,476/mo rent supports operations. Total monthly income totals $1,476/mo and a $929/mo payment preserves $291/mo for cash returns. Annual cash flow comes to $3,488/yr on $62,952 deployed, and return on cash invested reaches 25.45% in year one. Equity gained on principal adds $1,225/yr, and five-year appreciation sums $52,466 alongside rental yield of 9.33%. Five-year ROI measures 132.64% and total cumulative return in cash totals $83,501.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,476/mo property income versus a $929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56201, Willmar, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,526 (100%) |
| Owner Occupied HU | 5,890 (56.0%) |
| Renter Occupied HU | 3,749 (35.6%) |
| Vacant Housing Units | 887 ( 8.4%) |
| Median Home Value | $241,893 |
| Average Home Value | $298,572 |
Housing Distribution
Address Breakdown
Residential
10,110
Single Family
7,887
Multi-Family
2,223
Businesses
1,119
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