61 10th StWindomMN56101
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 Windom at 61 10th St, Windom, MN, 56101 priced at $140,000 converts $1,297/mo rent into $423/mo cash flow after a $685/mo obligation. Total monthly income equals $1,297/mo, and annual cash flow totals $5,076/yr on $46,410 invested. Return on cash invested prints 30.85% in year one, and rental yield reads 11.12% against a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,679 by year five. Five-year ROI reaches 161.52% and total cumulative return in cash sums $74,962. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,297/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1940
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56101, Windom, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,812 (100%) |
| Owner Occupied HU | 1,891 (67.2%) |
| Renter Occupied HU | 669 (23.8%) |
| Vacant Housing Units | 252 ( 9.0%) |
| Median Home Value | $185,506 |
| Average Home Value | $219,845 |
Housing Distribution
Address Breakdown
Residential
2,673
Single Family
2,322
Multi-Family
351
Businesses
284
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Nearby investment properties with comparable prices
Listed by: Zach Romsdahl • EXIT Realty - Great Plains
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6542884
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