2460 Fox Hollow LnOwatonnaMN55060
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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 Owatonna at 2460 Fox Hollow Ln, Owatonna, MN, 55060 uses $135,882 cash to close to unlock $9,524/yr annual cash flow and $794/mo monthly cash flow. Total monthly income runs $3,353/mo, and a $2,006/mo payment keeps the spread at $794/mo. Purchase price stands at $409,900, and rental yield measures 9.82% with $3,353/mo rent. Return on cash invested shows 26.92% in year one, and 5% annual appreciation builds toward $113,248 over five years. Five-year ROI reaches 140.51% and total cumulative return in cash records $190,924. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,353/mo property income covering a $2,006/mo payment rather than investor’s personal income.
Single Family
Built in 2007
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55060, Owatonna, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,775 (100%) |
| Owner Occupied HU | 8,880 (69.5%) |
| Renter Occupied HU | 3,208 (25.1%) |
| Vacant Housing Units | 687 ( 5.4%) |
| Median Home Value | $270,032 |
| Average Home Value | $312,015 |
Housing Distribution
Address Breakdown
Residential
12,408
Single Family
10,414
Multi-Family
1,994
Businesses
1,010
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