2000 Apple LnMontroseMN55363
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
Investment property for sale in Montrose at 2000 Apple Ln, Montrose, MN, 55363 at $293,900 posts ROI 12.72% with from $1,500/mo rent. Total monthly income equals $1,500/mo. Return on cash invested measures 12.72% and rental yield reads 6.12% at the current $293,900. Equity gained on principal adds $1,896/yr, and 5% annual appreciation supports $81,199 by year five. Five-year ROI prints 65.49% and total cumulative return in cash totals $63,809. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,500/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2024
1,742 sqft lot
$N/A/sqft
$249 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55363, Montrose, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,941 (100%) |
| Owner Occupied HU | 1,608 (82.8%) |
| Renter Occupied HU | 265 (13.7%) |
| Vacant Housing Units | 68 ( 3.5%) |
| Median Home Value | $362,338 |
| Average Home Value | $403,206 |
Housing Distribution
Address Breakdown
Residential
1,943
Single Family
1,738
Multi-Family
205
Businesses
54
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Josh A Pomerleau • JPW Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6685027
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