7055 Sunrise RdHarrisMN55032
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 Harris at 7055 Sunrise Rd, Harris, MN, 55032 generates $1,662/mo in rent and, after a $489/mo payment, leaves $1,038/mo in cash flow. Total monthly income is $1,662/mo, and annual cash flow is $12,456/yr on $33,150 invested. Return on cash invested sits at 57.48% in year one, and rental yield is 19.94% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 304.37% and total cumulative return in cash sums $100,900. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,662/mo property income rather than buyer’s personal income.
Single Family
Built in 1901
9,975 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55032, Harris, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,502 (100%) |
| Owner Occupied HU | 1,265 (84.2%) |
| Renter Occupied HU | 97 ( 6.5%) |
| Vacant Housing Units | 140 ( 9.3%) |
| Median Home Value | $368,854 |
| Average Home Value | $391,358 |
Housing Distribution
Address Breakdown
Residential
1,359
Single Family
1,342
Multi-Family
17
Businesses
66
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices