6741 Jorgensen Ave SCottage GroveMN55016
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 Cottage Grove at 6741 Jorgensen Ave S, Cottage Grove, MN, 55016 priced at $361,900 converts $2,730/mo rent into $228/mo cash flow after a $1,771/mo obligation. Total monthly income equals $2,730/mo, and annual cash flow totals $2,741/yr on $119,970 invested. Return on cash invested prints 22.19% in year one, and rental yield reads 9.05% against a $361,900 entry. Equity gained on principal adds $2,335/yr, while 5% annual appreciation compiles into $99,986 by year five. Five-year ROI reaches 116.06% and total cumulative return in cash sums $139,242. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,730/mo property income covering a $1,771/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
2,178 sqft lot
$N/A/sqft
$242 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55016, Cottage Grove, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,384 (100%) |
| Owner Occupied HU | 12,945 (84.1%) |
| Renter Occupied HU | 2,017 (13.1%) |
| Vacant Housing Units | 422 ( 2.7%) |
| Median Home Value | $399,285 |
| Average Home Value | $443,584 |
Housing Distribution
Address Breakdown
Residential
14,637
Single Family
13,779
Multi-Family
858
Businesses
451
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Nearby investment properties with comparable prices
Listed by: Thomas M Moriarty • LivingLocal Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6576714
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