2117 21st Ave NWRochesterMN55901
Nearby investment properties with comparable rents
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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 Rochester at 2117 21st Ave NW, Rochester, MN, 55901 earns $529/mo cash flow from $2,390/mo rent with a $1,459/mo payment. Total monthly income totals $2,390/mo, and annual cash flow totals $6,344/yr on $98,787 capital. ROI tracks 26.33% on current figures, and rental yield reads 9.62% at a $298,000 purchase. Equity gained on principal adds $1,923/yr, and 5% annual appreciation supports $82,332 over five years. Five-year ROI reaches 137.37% and total cumulative return in cash sums $135,704. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,390/mo property income instead of your personal income.
Single Family
Built in 1967
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55901, Rochester, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,737 (100%) |
| Owner Occupied HU | 15,386 (57.5%) |
| Renter Occupied HU | 9,779 (36.6%) |
| Vacant Housing Units | 1,572 ( 5.9%) |
| Median Home Value | $346,339 |
| Average Home Value | $386,451 |
Housing Distribution
Address Breakdown
Residential
25,073
Single Family
19,103
Multi-Family
5,970
Businesses
1,299
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Listed by: Tracy Petersohn • Tracy Sells LLC
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6592657
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