706 Highland DrWinthropMN55396
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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
Rental property for sale in Winthrop at 706 Highland Dr, Winthrop, MN, 55396 priced at $224,900 pairs $2,005/mo rent with $600/mo cash flow after a $1,101/mo payment. Total monthly income equals $2,005/mo, and annual cash flow comes to $7,205/yr on $74,554 invested. Return on cash invested is 29.57% in year one, and rental yield stands at 10.7% on a $224,900 basis. Equity gained on principal adds $1,451/yr, and 5% annual appreciation accumulates to $62,136 by year five. Five-year ROI measures 154.78% and total cumulative return in cash reaches $115,393. For financing, Ziffy Mortgage’s DSCR program evaluates $2,005/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
0.38 Acres 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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