601 Governor DrOkleeMN56742
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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
Rental property for sale in Oklee at 601 Governor Dr, Oklee, MN, 56742 priced at $165,900 converts $0/mo rent into after a $812/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.7% in year one, and rental yield reads 0% against a $165,900 entry. Equity gained on principal adds $1,071/yr, while 5% annual appreciation compiles into $45,835 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $812/mo payment, not borrower’s personal income.
Manufactured
Built in 1998
1.09 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Stephen Nesmith • Tru North Baudette
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6698196
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