6051 Raven Ridge CtRockfordMN55373
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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 Rockford at 6051 Raven Ridge Ct, Rockford, MN, 55373 offers a 6.57% rental yield on a $290,450 purchase with $1,590/mo rent. 38% in year one. Equity gained on principal adds $1,874/yr while 5% annual appreciation supports $80,246 over five years. Portfolio math shows five-year ROI at 69.25% and total cumulative return in cash at $66,674. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,590/mo property income against a $1,422/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1999
0.05 sqft lot
$N/A/sqft
$300 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jan E Wentland • Counselor Realty, Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6701641
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