169 Sherwood Park DrOkabenaMN56161
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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 Okabena at 169 Sherwood Park Dr, Okabena, MN, 56161 with 5% annual appreciation on a $239,500 basis while $1,932/mo rent supports operations. Total monthly income totals $1,932/mo and a $1,172/mo payment preserves $437/mo for cash returns. Annual cash flow comes to $5,240/yr on $79,394 deployed, and return on cash invested reaches 26.51% in year one. Equity gained on principal adds $1,545/yr, and five-year appreciation sums $66,169 alongside rental yield of 9.68%. Five-year ROI measures 138.33% and total cumulative return in cash totals $109,825.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,932/mo property income versus a $1,172/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1985
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56161, Okabena, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 185 (100%) |
| Owner Occupied HU | 145 (78.4%) |
| Renter Occupied HU | 16 ( 8.6%) |
| Vacant Housing Units | 24 (13.0%) |
| Median Home Value | $203,906 |
| Average Home Value | $238,603 |
Housing Distribution
Address Breakdown
Residential
97
Single Family
97
Multi-Family
0
Businesses
14
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