1601 4th St NERochesterMN55906
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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 Rochester at 1601 4th St NE, Rochester, MN, 55906 offers a 8.16% rental yield on a $229,500 purchase with $1,560/mo rent. Total monthly income registers $1,560/mo, and a $1,123/mo payment leaves $127/mo available for distribution. Annual cash flow reaches $1,526/yr on $76,079 to close, and return on cash invested stands at 21.91% in year one. Equity gained on principal adds $1,481/yr while 5% annual appreciation supports $63,407 over five years. Portfolio math shows five-year ROI at 113.73% and total cumulative return in cash at $86,526. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,560/mo property income against a $1,123/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55906, Rochester, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,098 (100%) |
| Owner Occupied HU | 6,460 (71.0%) |
| Renter Occupied HU | 2,129 (23.4%) |
| Vacant Housing Units | 509 ( 5.6%) |
| Median Home Value | $407,644 |
| Average Home Value | $436,075 |
Housing Distribution
Address Breakdown
Residential
8,580
Single Family
7,531
Multi-Family
1,049
Businesses
418
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