607 Miller CtDundasMN55019
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 Dundas at 607 Miller Ct, Dundas, MN, 55019 offers $3,332/mo rent that, after a $2,202/mo payment, leaves $523/mo cash flow. Total monthly income is $3,332/mo, and annual cash flow is $6,272/yr on $149,142 cash. Return on cash invested measures 24.11% in year one, and rental yield stands at 8.89% at a $449,900 entry. Equity gained on principal adds $2,903/yr while 5% annual appreciation compounds into $124,299 by year five. Five-year ROI records 125.47% and total cumulative return in cash reaches $187,126. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,332/mo property income versus a $2,202/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55019, Dundas, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 810 (100%) |
| Owner Occupied HU | 708 (87.4%) |
| Renter Occupied HU | 72 ( 8.9%) |
| Vacant Housing Units | 30 ( 3.7%) |
| Median Home Value | $425,424 |
| Average Home Value | $451,773 |
Housing Distribution
Address Breakdown
Residential
851
Single Family
851
Multi-Family
0
Businesses
97
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