310 W Okabena StWorthingtonMN56187
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 Worthington at 310 W Okabena St, Worthington, MN, 56187 at $160,000 posts ROI 32.44% with $554/mo cash flow from $1,553/mo rent. Total monthly income equals $1,553/mo, and annual cash flow records $6,648/yr on $53,040 to close. Return on cash invested measures 32.44% and rental yield reads 11.65% at the current $160,000. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 by year five. Five-year ROI prints 170.12% and total cumulative return in cash totals $90,230.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,553/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56187, Worthington, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,198 (100%) |
| Owner Occupied HU | 3,088 (59.4%) |
| Renter Occupied HU | 1,780 (34.2%) |
| Vacant Housing Units | 330 ( 6.3%) |
| Median Home Value | $213,663 |
| Average Home Value | $246,895 |
Housing Distribution
Address Breakdown
Residential
5,313
Single Family
4,417
Multi-Family
896
Businesses
514
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Phillip Willardson • Johnson Builders & Realty Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6569098
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