158 Par Dr SWMelroseMN56352
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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 Melrose at 158 Par Dr SW, Melrose, MN, 56352 with 5% annual appreciation on a $185,000 basis while $1,892/mo rent supports operations. Total monthly income totals $1,892/mo and a $905/mo payment preserves $732/mo for cash returns. Annual cash flow comes to $8,788/yr on $61,328 deployed, and return on cash invested reaches 34.24% in year one. Equity gained on principal adds $1,194/yr, and five-year appreciation sums $51,112 alongside rental yield of 12.27%. Five-year ROI measures 179.85% and total cumulative return in cash totals $110,295.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,892/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56352, Melrose, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,428 (100%) |
| Owner Occupied HU | 1,693 (69.7%) |
| Renter Occupied HU | 509 (21.0%) |
| Vacant Housing Units | 226 ( 9.3%) |
| Median Home Value | $323,153 |
| Average Home Value | $382,620 |
Housing Distribution
Address Breakdown
Residential
2,189
Single Family
1,954
Multi-Family
235
Businesses
146
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Nearby investment properties with comparable prices
Listed by: Diana Morelos • Central MN Realty LLC
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6589657
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