404 9th Ave NERochesterMN55906
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 404 9th Ave NE, Rochester, MN, 55906 in Rochester at $275,000 earns $1,876/mo in rent and nets $158/mo after the $1,237/mo payment, a 8.18% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $75,977 over five years. Ziffy Mortgage underwrites this on a 1.52 DSCR without U.S. credit history. With $2,533/yr in principal paydown, total projected return reaches $114,555.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 7.0% |
| Monthly Cash Flow | $158 | $1,500 |
City averages based on Rochester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,876 |
| Total Monthly Debt Service | $1,608 |
| DSCR Ratio | 1.17x |
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 1921
5,880 sqft lot
$N/A/sqft
No 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
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 1921
5,880 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices