313 S 2nd St EAuroraMN55705
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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 Aurora at 313 S 2nd St E, Aurora, MN, 55705 offers a 18.86% rental yield on a $120,000 purchase with $1,886/mo rent. Total monthly income registers $1,886/mo, and a $587/mo payment leaves $1,114/mo available for distribution. Annual cash flow reaches $13,370/yr on $39,780 to close, and return on cash invested stands at 53.52% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 283.49% and total cumulative return in cash at $112,771. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,886/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
7,800 sqft lot
$N/A/sqft
No HOA
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Listed by: Brenda Skelton • Ahrens Thompson Realty, Inc
Mls Name: Range AOR
Mls ID: #148844
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.