302 3rd St NRose CreekMN55970
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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 Rose Creek at 302 3rd St N, Rose Creek, MN, 55970 earns $362/mo cash flow from $1,823/mo rent with a $1,145/mo payment. Total monthly income totals $1,823/mo, and annual cash flow totals $4,345/yr on $77,571 capital. ROI tracks 25.51% on current figures, and rental yield reads 9.35% at a $234,000 purchase. Equity gained on principal adds $1,510/yr, and 5% annual appreciation supports $64,650 over five years. Five-year ROI reaches 133.01% and total cumulative return in cash sums $103,179. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,823/mo property income instead of your personal income.
Single Family
Built in 1962
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55970, Rose Creek, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 349 (100%) |
| Owner Occupied HU | 292 (83.7%) |
| Renter Occupied HU | 36 (10.3%) |
| Vacant Housing Units | 21 ( 6.0%) |
| Median Home Value | $266,667 |
| Average Home Value | $324,007 |
Housing Distribution
Address Breakdown
Residential
326
Single Family
312
Multi-Family
14
Businesses
17
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Listed by: Colleen Jennings • Colleen Jennings Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6696102
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