17045 Fisher RdCold SpringMN56320
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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 Cold Spring at 17045 Fisher Rd, Cold Spring, MN, 56320 offers a 2.21% rental yield on a $749,000 purchase with $1,380/mo rent. Equity gained on principal adds $4,833/yr while 5% annual appreciation supports $206,935 over five years. Portfolio math shows five-year ROI at 17.59% and total cumulative return in cash at $43,336. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,380/mo property income against a $3,666/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56320, Cold Spring, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,700 (100%) |
| Owner Occupied HU | 2,774 (75.0%) |
| Renter Occupied HU | 587 (15.9%) |
| Vacant Housing Units | 339 ( 9.2%) |
| Median Home Value | $402,268 |
| Average Home Value | $553,673 |
Housing Distribution
Address Breakdown
Residential
3,456
Single Family
3,145
Multi-Family
311
Businesses
215
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Listed by: Jamie Juelfs • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6760937