638 N Munsterman StAppletonMN56208
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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 Appleton at 638 N Munsterman St, Appleton, MN, 56208 listed at $129,000 pairs $1,156/mo rent with a $631/mo payment to leave $351/mo cash flow. Total monthly income runs $1,156/mo, and annual cash flow reaches $4,210/yr on $42,764 cash to close. Return on cash invested measures 29.75% in year one, and rental yield registers 10.75% at a $129,000 basis. Equity gained on principal adds $832/yr, and annual property appreciation at 5% supports $35,640 by year five. Five-year ROI tracks 155.71% and total cumulative return in cash totals $66,589. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,156/mo property income relative to a $631/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56208, Appleton, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,137 (100%) |
| Owner Occupied HU | 615 (54.1%) |
| Renter Occupied HU | 241 (21.2%) |
| Vacant Housing Units | 281 (24.7%) |
| Median Home Value | $111,890 |
| Average Home Value | $182,581 |
Housing Distribution
Address Breakdown
Residential
986
Single Family
864
Multi-Family
122
Businesses
92
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Nearby investment properties with comparable prices
Listed by: Janell Welling • Hughes Real Estate and Auction
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6655285
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