313 S 2nd St EAuroraMN55705
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Aurora rentals match the income profile of 313 S 2nd St E, Aurora, MN, 55705. Listed at $120,000, gross rent is $1,886/mo and net cash flow is $1,114/mo, a 18.86% yield well above national averages. DSCR 3.49 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $33,154 by year five with $1,105/yr in annual principal reduction, projecting $117,321 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.9% | 7.2% |
| Monthly Cash Flow | $1,114 | $350 |
City averages based on Aurora market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,886 |
| Total Monthly Debt Service | $724 |
| DSCR Ratio | 2.60x |
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 1960
7,800 sqft lot
$N/A/sqft
No HOA
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 1960
7,800 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.