13689 Ringneck WayRogersMN55374
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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 Rogers at 13689 Ringneck Way, Rogers, MN, 55374 uses $132,928 cash to close to unlock $5,228/yr annual cash flow and $436/mo monthly cash flow. Total monthly income runs $2,940/mo, and a $1,963/mo payment keeps the spread at $436/mo. Purchase price stands at $400,990, and rental yield measures 8.8% with $2,940/mo rent. Return on cash invested shows 23.84% in year one, and 5% annual appreciation builds toward $110,786 over five years. Five-year ROI reaches 124.01% and total cumulative return in cash records $164,847. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,940/mo property income covering a $1,963/mo payment rather than investor’s personal income.
Townhouse
Built in 2026
0.24 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55374, Rogers, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,914 (100%) |
| Owner Occupied HU | 5,798 (83.9%) |
| Renter Occupied HU | 919 (13.3%) |
| Vacant Housing Units | 197 ( 2.8%) |
| Median Home Value | $461,435 |
| Average Home Value | $505,519 |
Housing Distribution
Address Breakdown
Residential
6,742
Single Family
5,896
Multi-Family
846
Businesses
615
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