204 Quail DrMontroseMN55363
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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 Montrose at 204 Quail Dr, Montrose, MN, 55363 uses $106,047 cash to close to unlock $7,442/yr annual cash flow and $620/mo monthly cash flow. Total monthly income runs $2,618/mo, and a $1,566/mo payment keeps the spread at $620/mo. Purchase price stands at $319,900, and rental yield measures 9.82% with $2,618/mo rent. Return on cash invested shows 26.93% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 140.58% and total cumulative return in cash records $149,084. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,618/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 2002
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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