31208 Birch Valley RdMelroseMN56352
Nearby investment properties with comparable rents
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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 Melrose at 31208 Birch Valley Rd, Melrose, MN, 56352 earns from $1,476/mo rent with a $2,887/mo payment. Total monthly income totals $1,476/mo. ROI tracks 6.41% on current figures, and rental yield reads 3% at a $589,900 purchase. Equity gained on principal adds $3,807/yr, and 5% annual appreciation supports $162,978 over five years. Five-year ROI reaches 30.51% and total cumulative return in cash sums $59,205. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,476/mo property income instead of your personal income.
Single Family
Built in 1967
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56352, Melrose, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,428 (100%) |
| Owner Occupied HU | 1,693 (69.7%) |
| Renter Occupied HU | 509 (21.0%) |
| Vacant Housing Units | 226 ( 9.3%) |
| Median Home Value | $323,153 |
| Average Home Value | $382,620 |
Housing Distribution
Address Breakdown
Residential
2,189
Single Family
1,954
Multi-Family
235
Businesses
146
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Nearby investment properties with comparable prices
Listed by: Hunter Thelen • Century 21 First Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6679929
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