1705 Vale CtFaribaultMN55021
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
Rental property for sale in Faribault at 1705 Vale Ct, Faribault, MN, 55021 generates $3,193/mo in rent and, after a $2,080/mo payment, leaves $539/mo in cash flow. Total monthly income is $3,193/mo, and annual cash flow is $6,471/yr on $140,888 invested. Return on cash invested sits at 24.5% in year one, and rental yield is 9.02% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 127.56% and total cumulative return in cash sums $179,717. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,193/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55021, Faribault, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,145 (100%) |
| Owner Occupied HU | 7,913 (65.2%) |
| Renter Occupied HU | 3,251 (26.8%) |
| Vacant Housing Units | 981 ( 8.1%) |
| Median Home Value | $336,085 |
| Average Home Value | $370,419 |
Housing Distribution
Address Breakdown
Residential
11,925
Single Family
9,851
Multi-Family
2,074
Businesses
825
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices