1807 Greenfield Ln SW APT 1RochesterMN55902
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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 Rochester at 1807 Greenfield Ln SW APT 1, Rochester, MN, 55902 generates $1,128/mo in rent and, after a $693/mo payment, leaves $34/mo in cash flow. Total monthly income is $1,128/mo, and annual cash flow is $408/yr on $46,907 invested. Return on cash invested sits at 20.78% in year one, and rental yield is 9.57% on a $141,500 entry. Equity gained on principal adds $913/yr, while 5% annual appreciation builds toward $39,094 over five years. Five-year ROI reaches 109.5% and total cumulative return in cash sums $51,361. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,128/mo property income rather than buyer’s personal income.
Condo
Built in 1980
0.48 Acres lot
$N/A/sqft
$210 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Mary Kuehn • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6642935
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