28246 Morgan RdWykoffMN55990
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
Investment property for sale in Wykoff at 28246 Morgan Rd, Wykoff, MN, 55990 earns from $3,588/mo rent with a $2,887/mo payment. Total monthly income totals $3,588/mo. ROI tracks 19.47% on current figures, and rental yield reads 7.3% at a $589,900 purchase. Equity gained on principal adds $3,807/yr, and 5% annual appreciation supports $162,978 over five years. Five-year ROI reaches 100.54% and total cumulative return in cash sums $195,117. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,588/mo property income instead of your personal income.
Single Family
Built in 1996
38.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55990, Wykoff, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 428 (100%) |
| Owner Occupied HU | 333 (77.8%) |
| Renter Occupied HU | 40 ( 9.3%) |
| Vacant Housing Units | 55 (12.9%) |
| Median Home Value | $306,522 |
| Average Home Value | $369,407 |
Housing Distribution
Address Breakdown
Residential
329
Single Family
321
Multi-Family
8
Businesses
18
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices