5311 Ridgeway Rd 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
Investment property for sale in Rochester at 5311 Ridgeway Rd NW, Rochester, MN, 55901 offers a 9.98% rental yield on a $407,400 purchase with $3,389/mo rent. Total monthly income registers $3,389/mo, and a $1,994/mo payment leaves $845/mo available for distribution. Annual cash flow reaches $10,140/yr on $135,053 to close, and return on cash invested stands at 27.42% in year one. Equity gained on principal adds $2,629/yr while 5% annual appreciation supports $112,557 over five years. Portfolio math shows five-year ROI at 143.21% and total cumulative return in cash at $193,403. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,389/mo property income against a $1,994/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
9,147 sqft 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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