2020 Apple LnMontroseMN55363
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing2020 Apple Ln, Montrose, MN, 55363 in Montrose is a stable, well-positioned rental at $259,900. Rental yield 6.93%. DSCR 1.22 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $71,806 in value and $2,179/yr in principal paydown builds equity, a total projected return of $85,855.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 6.0% |
| Monthly Cash Flow | $(123) | $520 |
City averages based on Montrose market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,500 |
| Total Monthly Debt Service | $1,583 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No 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
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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
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Nearby investment properties with comparable prices
