2300 317th Ave NECambridgeMN55008
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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 Cambridge at 2300 317th Ave NE, Cambridge, MN, 55008 offers a 5.56% rental yield on a $290,000 purchase with $1,344/mo rent. 09% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 71.7% and total cumulative return in cash at $68,932. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,344/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55008, Cambridge, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,287 (100%) |
| Owner Occupied HU | 5,254 (72.1%) |
| Renter Occupied HU | 1,654 (22.7%) |
| Vacant Housing Units | 379 ( 5.2%) |
| Median Home Value | $318,249 |
| Average Home Value | $362,902 |
Housing Distribution
Address Breakdown
Residential
7,262
Single Family
6,167
Multi-Family
1,095
Businesses
587
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