720 Winifred StWorthingtonMN56187
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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 Worthington at 720 Winifred St, Worthington, MN, 56187 uses $82,875 cash to close to unlock $5,502/yr annual cash flow and $459/mo monthly cash flow. Total monthly income runs $2,020/mo, and a $1,224/mo payment keeps the spread at $459/mo. Purchase price stands at $250,000, and rental yield measures 9.7% with $2,020/mo rent. Return on cash invested shows 26.55% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 138.55% and total cumulative return in cash records $114,826. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,020/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1939
0.25 Acres 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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Listed by: Davi G. Bullerman • Johnson Builders & Realty Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6808908