1960 Rosewood DrOwatonnaMN55060
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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 Owatonna at 1960 Rosewood Dr, Owatonna, MN, 55060 offers a 25.31% rental yield on a $105,000 purchase with $2,215/mo rent. Total monthly income registers $2,215/mo, and a $514/mo payment leaves $1,559/mo available for distribution. Annual cash flow reaches $18,711/yr on $34,808 to close, and return on cash invested stands at 73.66% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 391.33% and total cumulative return in cash at $136,214. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,215/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55060, Owatonna, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,775 (100%) |
| Owner Occupied HU | 8,880 (69.5%) |
| Renter Occupied HU | 3,208 (25.1%) |
| Vacant Housing Units | 687 ( 5.4%) |
| Median Home Value | $270,032 |
| Average Home Value | $312,015 |
Housing Distribution
Address Breakdown
Residential
12,408
Single Family
10,414
Multi-Family
1,994
Businesses
1,010
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Listed by: Debra L. Schmidt • Help-U-Sell Heritage Real Est.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6722954
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