155 Juno CtRiceMN56367
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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
Rental property for sale in Rice at 155 Juno Ct, Rice, MN, 56367 priced at $449,000 converts $4,108/mo rent into $1,304/mo cash flow after a $2,198/mo obligation. Total monthly income equals $4,108/mo, and annual cash flow totals $15,646/yr on $148,844 invested. Return on cash invested prints 30.42% in year one, and rental yield reads 10.98% against a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation compiles into $124,050 by year five. Five-year ROI reaches 159.29% and total cumulative return in cash sums $237,088. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,108/mo property income covering a $2,198/mo payment, not borrower’s personal income.
Single Family
Built in 2017
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56367, Rice, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,949 (100%) |
| Owner Occupied HU | 2,545 (86.3%) |
| Renter Occupied HU | 240 ( 8.1%) |
| Vacant Housing Units | 164 ( 5.6%) |
| Median Home Value | $321,788 |
| Average Home Value | $368,863 |
Housing Distribution
Address Breakdown
Residential
2,781
Single Family
2,712
Multi-Family
69
Businesses
125
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