6242 Radford Ave NEOtsegoMN55330
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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 Otsego at 6242 Radford Ave NE, Otsego, MN, 55330 listed at $509,900 pairs $3,169/mo rent with a $2,496/mo payment. Total monthly income runs $3,169/mo. Return on cash invested measures 19.95% in year one, and rental yield registers 7.46% at a $509,900 basis. Equity gained on principal adds $3,290/yr, and annual property appreciation at 5% supports $140,876 by year five. Five-year ROI tracks 103.12% and total cumulative return in cash totals $172,988. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,169/mo property income relative to a $2,496/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55330, Elk River, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,209 (100%) |
| Owner Occupied HU | 14,611 (80.2%) |
| Renter Occupied HU | 2,788 (15.3%) |
| Vacant Housing Units | 810 ( 4.4%) |
| Median Home Value | $390,674 |
| Average Home Value | $424,407 |
Housing Distribution
Address Breakdown
Residential
17,307
Single Family
15,298
Multi-Family
2,009
Businesses
1,116
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