702 5th Ave NWheatonMN56296
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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 Wheaton at 702 5th Ave N, Wheaton, MN, 56296 listed at $209,500 pairs $1,465/mo rent with a $1,025/mo payment to leave $157/mo cash flow. Total monthly income runs $1,465/mo, and annual cash flow reaches $1,886/yr on $69,449 cash to close. Return on cash invested measures 22.62% in year one, and rental yield registers 8.39% at a $209,500 basis. Equity gained on principal adds $1,352/yr, and annual property appreciation at 5% supports $57,881 by year five. Five-year ROI tracks 117.52% and total cumulative return in cash totals $81,615. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,465/mo property income relative to a $1,025/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56296, Wheaton, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,011 (100%) |
| Owner Occupied HU | 641 (63.4%) |
| Renter Occupied HU | 202 (20.0%) |
| Vacant Housing Units | 168 (16.6%) |
| Median Home Value | $163,438 |
| Average Home Value | $274,189 |
Housing Distribution
Address Breakdown
Residential
917
Single Family
754
Multi-Family
163
Businesses
123
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