100 Rose ParkMelroseMN56352
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 Melrose at 100 Rose Park, Melrose, MN, 56352 offers a 9.41% rental yield on a $115,000 purchase with $902/mo rent. Total monthly income registers $902/mo, and a $563/mo payment leaves $184/mo available for distribution. Annual cash flow reaches $2,205/yr on $38,123 to close, and return on cash invested stands at 25.69% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 133.96% and total cumulative return in cash at $51,069. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $902/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56352, Melrose, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,428 (100%) |
| Owner Occupied HU | 1,693 (69.7%) |
| Renter Occupied HU | 509 (21.0%) |
| Vacant Housing Units | 226 ( 9.3%) |
| Median Home Value | $323,153 |
| Average Home Value | $382,620 |
Housing Distribution
Address Breakdown
Residential
2,189
Single Family
1,954
Multi-Family
235
Businesses
146
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices