315 3rd Ave NERoseauMN56751
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
Investment Highlights
Investment property for sale in Roseau at 315 3rd Ave NE, Roseau, MN, 56751 with 5% annual appreciation on a $229,500 basis while $1,020/mo rent supports operations. 4% in year one. Equity gained on principal adds $1,481/yr, and five-year appreciation sums $63,407 alongside rental yield of 5.33%. Five-year ROI measures 68.05% and total cumulative return in cash totals $51,774. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,020/mo property income versus a $1,123/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1932
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56751, Roseau, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,580 (100%) |
| Owner Occupied HU | 1,755 (68.0%) |
| Renter Occupied HU | 563 (21.8%) |
| Vacant Housing Units | 262 (10.2%) |
| Median Home Value | $214,746 |
| Average Home Value | $243,225 |
Housing Distribution
Address Breakdown
Residential
2,407
Single Family
1,981
Multi-Family
426
Businesses
288
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices