1037 7th Ave SERochesterMN55904
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 Rochester at 1037 7th Ave SE, Rochester, MN, 55904 generates $1,670/mo in rent, after a $1,492/mo payment. Total monthly income is $1,670/mo. Return on cash invested sits at 17.14% in year one, and rental yield is 6.57% on a $304,900 entry. Equity gained on principal adds $1,967/yr, while 5% annual appreciation builds toward $84,238 over five years. Five-year ROI reaches 88.06% and total cumulative return in cash sums $89,006. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,670/mo property income rather than buyer’s personal income.
Single Family
Built in 1928
0.15 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Furth • Coldwell Banker Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6616707
Disclaimer: Based on information submitted to the MLS GRID as of 2024-10-16 07:56:25 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_28) By searching Northstar MLS listings you agree to the [Northstar MLS End User License Agreement](https://static1.squarespace.com/static/56c4eea9d51cd483819dae7b/t/56cbe7e32fe13151e10e6b3d/1456203748061/EULA.pdf)