2108 Petersen Dr NWStewartvilleMN55976
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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 Stewartville at 2108 Petersen Dr NW, Stewartville, MN, 55976 uses $91,826 cash to close to unlock $3,913/yr annual cash flow and $326/mo monthly cash flow. Total monthly income runs $2,056/mo, and a $1,356/mo payment keeps the spread at $326/mo. Purchase price stands at $277,000, and rental yield measures 8.91% with $2,056/mo rent. Return on cash invested shows 24.17% in year one, and 5% annual appreciation builds toward $76,530 over five years. Five-year ROI reaches 125.81% and total cumulative return in cash records $115,527. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,056/mo property income covering a $1,356/mo payment rather than investor’s personal income.
Townhouse
Built in 2007
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55976, Stewartville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,497 (100%) |
| Owner Occupied HU | 2,687 (76.8%) |
| Renter Occupied HU | 683 (19.5%) |
| Vacant Housing Units | 127 ( 3.6%) |
| Median Home Value | $394,668 |
| Average Home Value | $425,922 |
Housing Distribution
Address Breakdown
Residential
3,404
Single Family
3,119
Multi-Family
285
Businesses
183
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Listed by: Larry Ramsey • Counselor Realty of Rochester
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6757613