705 N Carver StWinthropMN55396
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Winthrop at 705 N Carver St, Winthrop, MN, 55396 at $145,900 posts ROI 25.86% with $240/mo cash flow from $1,151/mo rent. Total monthly income equals $1,151/mo, and annual cash flow records $2,880/yr on $48,366 to close. Return on cash invested measures 25.86% and rental yield reads 9.47% at the current $145,900. Equity gained on principal adds $941/yr, and 5% annual appreciation supports $40,309 by year five. Five-year ROI prints 134.95% and total cumulative return in cash totals $65,271.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,151/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1948
9,408 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55396, Winthrop, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,024 (100%) |
| Owner Occupied HU | 721 (70.4%) |
| Renter Occupied HU | 197 (19.2%) |
| Vacant Housing Units | 106 (10.4%) |
| Median Home Value | $216,833 |
| Average Home Value | $261,120 |
Housing Distribution
Address Breakdown
Residential
749
Single Family
698
Multi-Family
51
Businesses
71
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