620 3rd Ave SERochesterMN55904
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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 Rochester at 620 3rd Ave SE, Rochester, MN, 55904 at $200,000 posts ROI 29.03% with $504/mo cash flow from $1,753/mo rent. Total monthly income equals $1,753/mo, and annual cash flow records $6,048/yr on $66,300 to close. Return on cash invested measures 29.03% and rental yield reads 10.52% at the current $200,000. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 by year five. Five-year ROI prints 151.83% and total cumulative return in cash totals $100,664.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,753/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1918
0.25 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Mercedes Castillo • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6715753
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