2617 Alpine CtMonticelloMN55362
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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 Monticello at 2617 Alpine Ct, Monticello, MN, 55362 offers $2,610/mo rent that, after a $968/mo payment, leaves $1,166/mo cash flow. Total monthly income is $2,610/mo, and annual cash flow is $13,986/yr on $65,538 cash. Return on cash invested measures 41.25% in year one, and rental yield stands at 15.84% at a $197,700 entry. Equity gained on principal adds $1,276/yr while 5% annual appreciation compounds into $54,621 by year five. Five-year ROI records 218.78% and total cumulative return in cash reaches $143,382. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,610/mo property income versus a $968/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
$160 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55362, Monticello, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,276 (100%) |
| Owner Occupied HU | 6,225 (75.2%) |
| Renter Occupied HU | 1,750 (21.1%) |
| Vacant Housing Units | 301 ( 3.6%) |
| Median Home Value | $358,209 |
| Average Home Value | $406,696 |
Housing Distribution
Address Breakdown
Residential
8,051
Single Family
6,827
Multi-Family
1,224
Businesses
606
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A