1201 Golf Course Rd UNIT 204MonticelloMN55362
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 Monticello at 1201 Golf Course Rd UNIT 204, Monticello, MN, 55362 offers a 9.25% rental yield on a $344,800 purchase with $2,659/mo rent. Total monthly income registers $2,659/mo, and a $1,688/mo payment leaves $506/mo available for distribution. Annual cash flow reaches $6,066/yr on $114,301 to close, and return on cash invested stands at 25.22% in year one. Equity gained on principal adds $2,225/yr while 5% annual appreciation supports $95,262 over five years. Portfolio math shows five-year ROI at 131.38% and total cumulative return in cash at $150,169. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,659/mo property income against a $1,688/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1989
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55362, Monticello, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,276 (100%) |
| Owner Occupied HU | 6,225 (75.2%) |
| Renter Occupied HU | 1,750 (21.1%) |
| Vacant Housing Units | 301 ( 3.6%) |
| Median Home Value | $358,209 |
| Average Home Value | $406,696 |
Housing Distribution
Address Breakdown
Residential
8,051
Single Family
6,827
Multi-Family
1,224
Businesses
606
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erica Quamme • Legacy Home Group MN LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6783319