3208 Coral Pl NERochesterMN55906
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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
Rental property for sale in Rochester at 3208 Coral Pl NE, Rochester, MN, 55906 offers $2,380/mo rent that, after a $1,760/mo payment. Total monthly income is $2,380/mo. Return on cash invested measures 19% in year one, and rental yield stands at 7.94% at a $359,500 entry. Equity gained on principal adds $2,320/yr while 5% annual appreciation compounds into $99,323 by year five. Five-year ROI records 98.87% and total cumulative return in cash reaches $117,824. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,380/mo property income versus a $1,760/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
$225 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55906, Rochester, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,098 (100%) |
| Owner Occupied HU | 6,460 (71.0%) |
| Renter Occupied HU | 2,129 (23.4%) |
| Vacant Housing Units | 509 ( 5.6%) |
| Median Home Value | $407,644 |
| Average Home Value | $436,075 |
Housing Distribution
Address Breakdown
Residential
8,580
Single Family
7,531
Multi-Family
1,049
Businesses
418
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Listed by: Shawn Buryska • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6703862
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