5814 Melena Ct 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 5814 Melena Ct NW, Rochester, MN, 55901 priced at $255,000 pairs $1,815/mo rent with $43/mo cash flow after a $1,248/mo payment. Total monthly income equals $1,815/mo, and annual cash flow comes to $513/yr on $84,533 invested. Return on cash invested is 20.52% in year one, and rental yield stands at 8.54% on a $255,000 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,452 by year five. Five-year ROI measures 107.1% and total cumulative return in cash reaches $90,536. For financing, Ziffy Mortgage’s DSCR program evaluates $1,815/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2001
3,049 sqft lot
$N/A/sqft
$180 monthly 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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Listed by: Enclave Team • Real Broker, LLC.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6706850
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