2025 Edgewood 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 2025 Edgewood Dr, Owatonna, MN, 55060 uses $120,301 cash to close to unlock $5,413/yr annual cash flow and $451/mo monthly cash flow. Total monthly income runs $2,717/mo, and a $1,776/mo payment keeps the spread at $451/mo. Purchase price stands at $362,900, and rental yield measures 8.98% with $2,717/mo rent. Return on cash invested shows 24.41% in year one, and 5% annual appreciation builds toward $100,263 over five years. Five-year ROI reaches 127.08% and total cumulative return in cash records $152,876. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,717/mo property income covering a $1,776/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.27 Acres 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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