315 S 3rd St WAuroraMN55705
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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 315 S 3rd St W, Aurora, MN, 55705 offers a 7.47% rental yield on a $299,900 purchase with $1,866/mo rent. 83% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 102.51% and total cumulative return in cash at $101,908. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,866/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.30 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Norma Jean Jofs • Next Door Realty
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119568
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.