1312 3rd St NERochesterMN55906
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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 Rochester at 1312 3rd St NE, Rochester, MN, 55906 listed at $215,000 pairs $1,825/mo rent with a $1,052/mo payment to leave $480/mo cash flow. Total monthly income runs $1,825/mo, and annual cash flow reaches $5,765/yr on $71,273 cash to close. Return on cash invested measures 28% in year one, and rental yield registers 10.19% at a $215,000 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,401 by year five. Five-year ROI tracks 146.33% and total cumulative return in cash totals $104,293. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,825/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55906, Rochester, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,098 (100%) |
| Owner Occupied HU | 6,460 (71.0%) |
| Renter Occupied HU | 2,129 (23.4%) |
| Vacant Housing Units | 509 ( 5.6%) |
| Median Home Value | $407,644 |
| Average Home Value | $436,075 |
Housing Distribution
Address Breakdown
Residential
8,580
Single Family
7,531
Multi-Family
1,049
Businesses
418
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