67013 430th StOdinMN56160
Nearby investment properties with comparable rents
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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 Odin at 67013 430th St, Odin, MN, 56160 uses $92,787 cash to close to unlock $6,301/yr annual cash flow and $525/mo monthly cash flow. Total monthly income runs $2,526/mo, and a $1,370/mo payment keeps the spread at $525/mo. Purchase price stands at $279,900, and rental yield measures 10.83% with $2,526/mo rent. Return on cash invested shows 26.7% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 140.57% and total cumulative return in cash records $130,429. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,526/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1900
7.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56160, Odin, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 117 (100%) |
| Owner Occupied HU | 89 (76.1%) |
| Renter Occupied HU | 6 ( 5.1%) |
| Vacant Housing Units | 22 (18.8%) |
| Median Home Value | $297,727 |
| Average Home Value | $317,079 |
Housing Distribution
Address Breakdown
Residential
60
Single Family
60
Multi-Family
0
Businesses
10
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Listed by: Kelly Brown • Mayberry Realty
Mls Name: RASM
Mls Provider:
Mls ID: #7035679
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, REALTOR Association of Southern MN. All Rights Reserved. Last Updated: 2024-02-12 10:03:05 PST