501 Redwood St NCambridgeMN55008
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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 Cambridge at 501 Redwood St N, Cambridge, MN, 55008 priced at $306,900 pairs $2,640/mo rent with $724/mo cash flow after a $1,502/mo payment. Total monthly income equals $2,640/mo, and annual cash flow comes to $8,684/yr on $101,737 invested. Return on cash invested is 28.44% in year one, and rental yield stands at 10.32% on a $306,900 basis. Equity gained on principal adds $1,980/yr, and 5% annual appreciation accumulates to $84,791 by year five. Five-year ROI measures 148.68% and total cumulative return in cash reaches $151,266. For financing, Ziffy Mortgage’s DSCR program evaluates $2,640/mo property income against a $1,502/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55008, Cambridge, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,287 (100%) |
| Owner Occupied HU | 5,254 (72.1%) |
| Renter Occupied HU | 1,654 (22.7%) |
| Vacant Housing Units | 379 ( 5.2%) |
| Median Home Value | $318,249 |
| Average Home Value | $362,902 |
Housing Distribution
Address Breakdown
Residential
7,262
Single Family
6,167
Multi-Family
1,095
Businesses
587
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