7462 12th St NWWillmarMN56201
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
Rental property for sale in Willmar at 7462 12th St NW, Willmar, MN, 56201 generates $3,175/mo in rent, after a $3,352/mo payment. Total monthly income is $3,175/mo. Return on cash invested sits at 14.19% in year one, and rental yield is 5.56% on a $684,900 entry. Equity gained on principal adds $4,420/yr, while 5% annual appreciation builds toward $189,225 over five years. Five-year ROI reaches 72.24% and total cumulative return in cash sums $162,771. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,175/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56201, Willmar, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,526 (100%) |
| Owner Occupied HU | 5,890 (56.0%) |
| Renter Occupied HU | 3,749 (35.6%) |
| Vacant Housing Units | 887 ( 8.4%) |
| Median Home Value | $241,893 |
| Average Home Value | $298,572 |
Housing Distribution
Address Breakdown
Residential
10,110
Single Family
7,887
Multi-Family
2,223
Businesses
1,119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices