10381 Windrose CurvElko New MarketMN55020
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 Elko New Market at 10381 Windrose Curv, Elko New Market, MN, 55020 generates $3,454/mo in rent and, after a $2,203/mo payment, leaves $644/mo in cash flow. Total monthly income is $3,454/mo, and annual cash flow is $7,722/yr on $149,175 invested. Return on cash invested sits at 25.09% in year one, and rental yield is 9.21% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 130.69% and total cumulative return in cash sums $194,958. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,454/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55020, Elko, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,500 (100%) |
| Owner Occupied HU | 1,409 (93.9%) |
| Renter Occupied HU | 65 ( 4.3%) |
| Vacant Housing Units | 26 ( 1.7%) |
| Median Home Value | $469,749 |
| Average Home Value | $515,727 |
Housing Distribution
Address Breakdown
Residential
1,430
Single Family
1,430
Multi-Family
0
Businesses
87
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Todd E. Priebe • Re/Max Advantage Plus
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6807239