607 Dillon Ave NMontroseMN55363
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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 Montrose at 607 Dillon Ave N, Montrose, MN, 55363 earns $561/mo cash flow from $3,053/mo rent with a $1,953/mo payment. Total monthly income totals $3,053/mo, and annual cash flow totals $6,736/yr on $132,269 capital. ROI tracks 25% on current figures, and rental yield reads 9.18% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 130.24% and total cumulative return in cash sums $172,262. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,053/mo property income instead of your personal income.
Single Family
Built in 2008
10,236 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55363, Montrose, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,941 (100%) |
| Owner Occupied HU | 1,608 (82.8%) |
| Renter Occupied HU | 265 (13.7%) |
| Vacant Housing Units | 68 ( 3.5%) |
| Median Home Value | $362,338 |
| Average Home Value | $403,206 |
Housing Distribution
Address Breakdown
Residential
1,943
Single Family
1,738
Multi-Family
205
Businesses
54
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