2231 3rd St SWRochesterMN55902
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2231 3rd St SW, Rochester, MN, 55902 offers a 11.05% rental yield on a $170,000 purchase with $1,565/mo rent. Total monthly income registers $1,565/mo, and a $832/mo payment leaves $354/mo available for distribution. Annual cash flow reaches $4,242/yr on $56,355 to close, and return on cash invested stands at 27.44% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 144.47% and total cumulative return in cash at $81,417. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,565/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1984
1,306 sqft lot
$N/A/sqft
$150 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Edwards • Dwell Realty Group LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6691704
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