611 Elm AveWestbrookMN56183
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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 Westbrook at 611 Elm Ave, Westbrook, MN, 56183 with 5% annual appreciation on a $122,500 basis while $900/mo rent supports operations. Total monthly income totals $900/mo and a $600/mo payment preserves $135/mo for cash returns. Annual cash flow comes to $1,616/yr on $40,609 deployed, and return on cash invested reaches 23.89% in year one. Equity gained on principal adds $790/yr, and five-year appreciation sums $33,844 alongside rental yield of 8.82%. Five-year ROI measures 124.29% and total cumulative return in cash totals $50,472.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $900/mo property income versus a $600/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1973
0.24 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56183, Westbrook, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 644 (100%) |
| Owner Occupied HU | 469 (72.8%) |
| Renter Occupied HU | 97 (15.1%) |
| Vacant Housing Units | 78 (12.1%) |
| Median Home Value | $212,500 |
| Average Home Value | $249,659 |
Housing Distribution
Address Breakdown
Residential
546
Single Family
489
Multi-Family
57
Businesses
51
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