616 Lafayette StWinonaMN55987
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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 Winona at 616 Lafayette St, Winona, MN, 55987 listed at $120,000 pairs $1,116/mo rent with a $587/mo payment to leave $367/mo cash flow. Total monthly income runs $1,116/mo, and annual cash flow reaches $4,404/yr on $39,780 cash to close. Return on cash invested measures 30.98% in year one, and rental yield registers 11.16% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 162.25% and total cumulative return in cash totals $64,543. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,116/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1886
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55987, Winona, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,269 (100%) |
| Owner Occupied HU | 8,760 (57.4%) |
| Renter Occupied HU | 5,359 (35.1%) |
| Vacant Housing Units | 1,150 ( 7.5%) |
| Median Home Value | $241,559 |
| Average Home Value | $307,143 |
Housing Distribution
Address Breakdown
Residential
14,958
Single Family
12,133
Multi-Family
2,825
Businesses
1,232
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