607 7th Ave SERochesterMN55904
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 607 7th Ave SE, Rochester, MN, 55904 offers $1,729/mo rent that, after a $1,003/mo payment, leaves $449/mo cash flow. Total monthly income is $1,729/mo, and annual cash flow is $5,393/yr on $67,924 cash. Return on cash invested measures 27.85% in year one, and rental yield stands at 10.13% at a $204,900 entry. Equity gained on principal adds $1,322/yr while 5% annual appreciation compounds into $56,610 by year five. Five-year ROI records 145.54% and total cumulative return in cash reaches $98,854. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,729/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1927
2,613 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jackson Raygor • RE/MAX Results
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6554781
Disclaimer: Based on information submitted to the MLS GRID as of 2024-10-16 08:01:32 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_28) By searching Northstar MLS listings you agree to the [Northstar MLS End User License Agreement](https://static1.squarespace.com/static/56c4eea9d51cd483819dae7b/t/56cbe7e32fe13151e10e6b3d/1456203748061/EULA.pdf)