1880 3rd Ave NW UNIT 211RochesterMN55901
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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 1880 3rd Ave NW UNIT 211, Rochester, MN, 55901 listed at $259,900 pairs $1,396/mo rent with a $1,272/mo payment. Total monthly income runs $1,396/mo. Return on cash invested measures 16.75% in year one, and rental yield registers 6.45% at a $259,900 basis. Equity gained on principal adds $1,677/yr, and annual property appreciation at 5% supports $71,806 by year five. Five-year ROI tracks 86.02% and total cumulative return in cash totals $74,110. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,396/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55901, Rochester, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,737 (100%) |
| Owner Occupied HU | 15,386 (57.5%) |
| Renter Occupied HU | 9,779 (36.6%) |
| Vacant Housing Units | 1,572 ( 5.9%) |
| Median Home Value | $346,339 |
| Average Home Value | $386,451 |
Housing Distribution
Address Breakdown
Residential
25,073
Single Family
19,103
Multi-Family
5,970
Businesses
1,299
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