700 2nd St SERoseauMN56751
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
Investment property for sale in Roseau at 700 2nd St SE, Roseau, MN, 56751 offers a 9.41% rental yield on a $175,000 purchase with $1,373/mo rent. Total monthly income registers $1,373/mo, and a $857/mo payment leaves $280/mo available for distribution. Annual cash flow reaches $3,357/yr on $58,013 to close, and return on cash invested stands at 25.7% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 133.97% and total cumulative return in cash at $77,719. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,373/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
7,838 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56751, Roseau, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,580 (100%) |
| Owner Occupied HU | 1,755 (68.0%) |
| Renter Occupied HU | 563 (21.8%) |
| Vacant Housing Units | 262 (10.2%) |
| Median Home Value | $214,746 |
| Average Home Value | $243,225 |
Housing Distribution
Address Breakdown
Residential
2,407
Single Family
1,981
Multi-Family
426
Businesses
288
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices