151 Garner CirMontroseMN55363
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 Montrose at 151 Garner Cir, Montrose, MN, 55363 priced at $259,000 converts $1,920/mo rent into $302/mo cash flow after a $1,268/mo obligation. Total monthly income equals $1,920/mo, and annual cash flow totals $3,628/yr on $85,859 invested. Return on cash invested prints 24.13% in year one, and rental yield reads 8.9% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 125.61% and total cumulative return in cash sums $107,848. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Townhouse
Built in 2004
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55363, Montrose, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,941 (100%) |
| Owner Occupied HU | 1,608 (82.8%) |
| Renter Occupied HU | 265 (13.7%) |
| Vacant Housing Units | 68 ( 3.5%) |
| Median Home Value | $362,338 |
| Average Home Value | $403,206 |
Housing Distribution
Address Breakdown
Residential
1,943
Single Family
1,738
Multi-Family
205
Businesses
54
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices