2280 Coral Ct NERochesterMN55906
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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 2280 Coral Ct NE, Rochester, MN, 55906 uses $157,429 cash to close to unlock $1,859/yr annual cash flow and $155/mo monthly cash flow. Total monthly income runs $3,120/mo, and a $2,324/mo payment keeps the spread at $155/mo. Purchase price stands at $474,900, and rental yield measures 7.88% with $3,120/mo rent. Return on cash invested shows 21.09% in year one, and 5% annual appreciation builds toward $131,206 over five years. Five-year ROI reaches 109.23% and total cumulative return in cash records $171,959. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,120/mo property income covering a $2,324/mo payment rather than investor’s personal income.
Townhouse
Built in 2004
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55906, Rochester, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,098 (100%) |
| Owner Occupied HU | 6,460 (71.0%) |
| Renter Occupied HU | 2,129 (23.4%) |
| Vacant Housing Units | 509 ( 5.6%) |
| Median Home Value | $407,644 |
| Average Home Value | $436,075 |
Housing Distribution
Address Breakdown
Residential
8,580
Single Family
7,531
Multi-Family
1,049
Businesses
418
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