21245 123rd Ave NRogersMN55374
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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 Rogers at 21245 123rd Ave N, Rogers, MN, 55374 offers a 9.62% rental yield on a $489,000 purchase with $3,922/mo rent. Total monthly income registers $3,922/mo, and a $2,393/mo payment leaves $869/mo available for distribution. Annual cash flow reaches $10,426/yr on $162,104 to close, and return on cash invested stands at 26.34% in year one. Equity gained on principal adds $3,155/yr while 5% annual appreciation supports $135,102 over five years. Portfolio math shows five-year ROI at 137.39% and total cumulative return in cash at $222,718. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,922/mo property income against a $2,393/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55374, Rogers, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,914 (100%) |
| Owner Occupied HU | 5,798 (83.9%) |
| Renter Occupied HU | 919 (13.3%) |
| Vacant Housing Units | 197 ( 2.8%) |
| Median Home Value | $461,435 |
| Average Home Value | $505,519 |
Housing Distribution
Address Breakdown
Residential
6,742
Single Family
5,896
Multi-Family
846
Businesses
615
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