823 Winnebago STREET SOUTH SouthCaledoniaMN55921
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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 Caledonia at 823 Winnebago STREET SOUTH South, Caledonia, MN, 55921 offers a 10.5% rental yield on a $247,000 purchase with $2,162/mo rent. Total monthly income registers $2,162/mo, and a $1,209/mo payment leaves $620/mo available for distribution. Annual cash flow reaches $7,435/yr on $81,881 to close, and return on cash invested stands at 28.99% in year one. Equity gained on principal adds $1,594/yr while 5% annual appreciation supports $68,242 over five years. Portfolio math shows five-year ROI at 151.63% and total cumulative return in cash at $124,156. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,162/mo property income against a $1,209/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55921, Caledonia, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,173 (100%) |
| Owner Occupied HU | 1,568 (72.2%) |
| Renter Occupied HU | 418 (19.2%) |
| Vacant Housing Units | 187 ( 8.6%) |
| Median Home Value | $221,538 |
| Average Home Value | $281,610 |
Housing Distribution
Address Breakdown
Residential
2,006
Single Family
1,881
Multi-Family
125
Businesses
177
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Listed by: Kelly Meyer • Keller Williams Premier Realty MN
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1912573
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.