303 3rd Ave SWMedfordMN55049
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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 Medford at 303 3rd Ave SW, Medford, MN, 55049 generates $2,828/mo in rent and, after a $1,541/mo payment, leaves $862/mo in cash flow. Total monthly income is $2,828/mo, and annual cash flow is $10,343/yr on $104,389 invested. Return on cash invested sits at 29.82% in year one, and rental yield is 10.78% on a $314,900 entry. Equity gained on principal adds $2,032/yr, while 5% annual appreciation builds toward $87,001 over five years. Five-year ROI reaches 156.03% and total cumulative return in cash sums $162,874. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,828/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55049, Medford, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,006 (100%) |
| Owner Occupied HU | 854 (84.9%) |
| Renter Occupied HU | 131 (13.0%) |
| Vacant Housing Units | 21 ( 2.1%) |
| Median Home Value | $331,111 |
| Average Home Value | $368,712 |
Housing Distribution
Address Breakdown
Residential
903
Single Family
672
Multi-Family
231
Businesses
75
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