718 Winifred 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
Rental property for sale in Worthington at 718 Winifred St, Worthington, MN, 56187 priced at $192,500 converts $1,285/mo rent into $83/mo cash flow after a $942/mo obligation. Total monthly income equals $1,285/mo, and annual cash flow totals $997/yr on $63,814 invested. Return on cash invested prints 21.47% in year one, and rental yield reads 8.01% against a $192,500 entry. Equity gained on principal adds $1,242/yr, while 5% annual appreciation compiles into $53,184 by year five. Five-year ROI reaches 111.39% and total cumulative return in cash sums $71,081. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,285/mo property income covering a $942/mo payment, not borrower’s personal income.
Single Family
Built in 1942
4,791 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
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Nearby investment properties with comparable prices
Listed by: Staci L Murphy • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6705336
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