605 Wollan StStarbuckMN56381
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
Rental property for sale in Starbuck at 605 Wollan St, Starbuck, MN, 56381 priced at $159,900 pairs $1,254/mo rent with $255/mo cash flow after a $783/mo payment. Total monthly income equals $1,254/mo, and annual cash flow comes to $3,062/yr on $53,007 invested. Return on cash invested is 25.68% in year one, and rental yield stands at 9.41% on a $159,900 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,177 by year five. Five-year ROI measures 133.96% and total cumulative return in cash reaches $71,010. For financing, Ziffy Mortgage’s DSCR program evaluates $1,254/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56381, Starbuck, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,439 (100%) |
| Owner Occupied HU | 881 (61.2%) |
| Renter Occupied HU | 228 (15.8%) |
| Vacant Housing Units | 330 (22.9%) |
| Median Home Value | $293,687 |
| Average Home Value | $336,612 |
Housing Distribution
Address Breakdown
Residential
1,012
Single Family
927
Multi-Family
85
Businesses
90
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices