457 Rohrer StRound LakeMN56167
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
Rental property for sale in Round Lake at 457 Rohrer St, Round Lake, MN, 56167 priced at $195,000 pairs $1,829/mo rent with $612/mo cash flow after a $954/mo payment. Total monthly income equals $1,829/mo, and annual cash flow comes to $7,341/yr on $64,643 invested. Return on cash invested is 31.27% in year one, and rental yield stands at 11.26% on a $195,000 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,875 by year five. Five-year ROI measures 163.82% and total cumulative return in cash reaches $105,898. For financing, Ziffy Mortgage’s DSCR program evaluates $1,829/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56167, Round Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 301 (100%) |
| Owner Occupied HU | 221 (73.4%) |
| Renter Occupied HU | 43 (14.3%) |
| Vacant Housing Units | 37 (12.3%) |
| Median Home Value | $231,977 |
| Average Home Value | $279,186 |
Housing Distribution
Address Breakdown
Residential
261
Single Family
247
Multi-Family
14
Businesses
16
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Listed by: Staci L Murphy • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6732842