105 N Circle DrMontgomeryMN56069
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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 Montgomery at 105 N Circle Dr, Montgomery, MN, 56069 uses $142,214 cash to close to unlock $4,558/yr annual cash flow and $380/mo monthly cash flow. Total monthly income runs $3,059/mo, and a $2,100/mo payment keeps the spread at $380/mo. Purchase price stands at $429,000, and rental yield measures 8.56% with $3,059/mo rent. Return on cash invested shows 23.11% in year one, and 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 120.1% and total cumulative return in cash records $170,797. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,059/mo property income covering a $2,100/mo payment rather than investor’s personal income.
Single Family
Built in 1984
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56069, Montgomery, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,200 (100%) |
| Owner Occupied HU | 1,638 (74.5%) |
| Renter Occupied HU | 419 (19.0%) |
| Vacant Housing Units | 143 ( 6.5%) |
| Median Home Value | $347,687 |
| Average Home Value | $457,990 |
Housing Distribution
Address Breakdown
Residential
2,100
Single Family
1,997
Multi-Family
103
Businesses
140
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Listed by: Rodney D. Tietz • True Life Real Estate Solution
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6809183