3069 Monroe Dr NWRochesterMN55901
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 3069 Monroe Dr NW, Rochester, MN, 55901 in Rochester at $295,000. Rental yield 7.57%. The 7.57% yield and 1.40 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $81,503 by year five, and $2,717/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $113,046.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 7.0% |
| Monthly Cash Flow | $(229) | $1,500 |
City averages based on Rochester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,860 |
| Total Monthly Debt Service | $1,725 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2003
3,179 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55901, Rochester, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,737 (100%) |
| Owner Occupied HU | 15,386 (57.5%) |
| Renter Occupied HU | 9,779 (36.6%) |
| Vacant Housing Units | 1,572 ( 5.9%) |
| Median Home Value | $346,339 |
| Average Home Value | $386,451 |
Housing Distribution
Address Breakdown
Residential
25,073
Single Family
19,103
Multi-Family
5,970
Businesses
1,299
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2003
3,179 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55901, Rochester, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,737 (100%) |
| Owner Occupied HU | 15,386 (57.5%) |
| Renter Occupied HU | 9,779 (36.6%) |
| Vacant Housing Units | 1,572 ( 5.9%) |
| Median Home Value | $346,339 |
| Average Home Value | $386,451 |
Housing Distribution
Address Breakdown
Residential
25,073
Single Family
19,103
Multi-Family
5,970
Businesses
1,299
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices