915 7th AveWanamingoMN55983
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
Total monthly income runs $2,160/mo, and a $2,300/mo payment. Purchase price stands at $469,900, and rental yield measures 5.52% with $2,160/mo rent. Return on cash invested shows 13.94% in year one, and 5% annual appreciation builds toward $129,825 over five years. Five-year ROI reaches 70.94% and total cumulative return in cash records $110,498. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55983, Wanamingo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 686 (100%) |
| Owner Occupied HU | 507 (73.9%) |
| Renter Occupied HU | 117 (17.1%) |
| Vacant Housing Units | 62 ( 9.0%) |
| Median Home Value | $318,000 |
| Average Home Value | $358,787 |
Housing Distribution
Address Breakdown
Residential
608
Single Family
558
Multi-Family
50
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices