703 Northern Hills Dr NERochesterMN55906
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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 703 Northern Hills Dr NE, Rochester, MN, 55906 with 5% annual appreciation on a $336,000 basis while $2,874/mo rent supports operations. Total monthly income totals $2,874/mo and a $1,645/mo payment preserves $775/mo for cash returns. Annual cash flow comes to $9,305/yr on $111,384 deployed, and return on cash invested reaches 28.26% in year one. Equity gained on principal adds $2,168/yr, and five-year appreciation sums $92,831 alongside rental yield of 10.26%. Five-year ROI measures 147.74% and total cumulative return in cash totals $164,554.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,874/mo property income versus a $1,645/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55906, Rochester, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,098 (100%) |
| Owner Occupied HU | 6,460 (71.0%) |
| Renter Occupied HU | 2,129 (23.4%) |
| Vacant Housing Units | 509 ( 5.6%) |
| Median Home Value | $407,644 |
| Average Home Value | $436,075 |
Housing Distribution
Address Breakdown
Residential
8,580
Single Family
7,531
Multi-Family
1,049
Businesses
418
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