4904 Noble Dr NWRochesterMN55901
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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 4904 Noble Dr NW, Rochester, MN, 55901 offers $2,730/mo rent that, after a $4,033/mo payment. Total monthly income is $2,730/mo. Return on cash invested measures 9.37% in year one, and rental yield stands at 3.98% at a $824,000 entry. Equity gained on principal adds $5,317/yr while 5% annual appreciation compounds into $227,656 by year five. Five-year ROI records 46.36% and total cumulative return in cash reaches $125,683. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,730/mo property income versus a $4,033/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55901, Rochester, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,737 (100%) |
| Owner Occupied HU | 15,386 (57.5%) |
| Renter Occupied HU | 9,779 (36.6%) |
| Vacant Housing Units | 1,572 ( 5.9%) |
| Median Home Value | $346,339 |
| Average Home Value | $386,451 |
Housing Distribution
Address Breakdown
Residential
25,073
Single Family
19,103
Multi-Family
5,970
Businesses
1,299
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