2232 Petersen Dr NWStewartvilleMN55976
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
Rental property for sale in Stewartville at 2232 Petersen Dr NW, Stewartville, MN, 55976 priced at $384,900 converts $2,063/mo rent into after a $1,884/mo obligation. Total monthly income equals $2,063/mo. Return on cash invested prints 16.71% in year one, and rental yield reads 6.43% against a $384,900 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,341 by year five. Five-year ROI reaches 85.75% and total cumulative return in cash sums $109,407. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,063/mo property income covering a $1,884/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.42 Acres 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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Nearby investment properties with comparable prices
Listed by: Peter Dokken • Re/Max Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6658157
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