15302 74th St NEOtsegoMN55330
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 Otsego at 15302 74th St NE, Otsego, MN, 55330 listed at $530,300 pairs $3,332/mo rent with a $2,596/mo payment to leave $1/mo cash flow. Total monthly income runs $3,332/mo, and annual cash flow reaches $13/yr on $174,469 cash to close. Return on cash invested measures 20.07% in year one, and rental yield registers 7.54% at a $530,300 basis. Equity gained on principal adds $3,422/yr, and annual property appreciation at 5% supports $146,512 by year five. Five-year ROI tracks 103.81% and total cumulative return in cash totals $181,109. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,332/mo property income relative to a $2,596/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
N/A lot
$N/A/sqft
$19 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55330, Elk River, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,209 (100%) |
| Owner Occupied HU | 14,611 (80.2%) |
| Renter Occupied HU | 2,788 (15.3%) |
| Vacant Housing Units | 810 ( 4.4%) |
| Median Home Value | $390,674 |
| Average Home Value | $424,407 |
Housing Distribution
Address Breakdown
Residential
17,307
Single Family
15,298
Multi-Family
2,009
Businesses
1,116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices