65146 365th StWatkinsMN55389
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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
Total monthly income runs $1,540/mo, and a $1,703/mo payment. Purchase price stands at $347,900, and rental yield measures 5.31% with $1,540/mo rent. Return on cash invested shows 13.33% in year one, and 5% annual appreciation builds toward $96,118 over five years. Five-year ROI reaches 67.63% and total cumulative return in cash records $78,003. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,540/mo property income covering a $1,703/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55389, Watkins, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,132 (100%) |
| Owner Occupied HU | 871 (76.9%) |
| Renter Occupied HU | 182 (16.1%) |
| Vacant Housing Units | 79 ( 7.0%) |
| Median Home Value | $312,640 |
| Average Home Value | $366,010 |
Housing Distribution
Address Breakdown
Residential
1,055
Single Family
1,007
Multi-Family
48
Businesses
50
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