600 4th St SW APT 308RochesterMN55902
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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 600 4th St SW APT 308, Rochester, MN, 55902 generates $3,125/mo in rent, after a $2,545/mo payment. Total monthly income is $3,125/mo. Return on cash invested sits at 12.04% in year one, and rental yield is 7.21% on a $519,999 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation builds toward $143,666 over five years. Five-year ROI reaches 63.25% and total cumulative return in cash sums $108,215. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,125/mo property income rather than buyer’s personal income.
Condo
Built in 1979
2,613 sqft lot
$N/A/sqft
$1,022 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Nita Khosla • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6710178
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