707 Tee Green Ct NEStewartvilleMN55976
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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 Stewartville at 707 Tee Green Ct NE, Stewartville, MN, 55976 priced at $409,900 converts $3,420/mo rent into $861/mo cash flow after a $2,006/mo obligation. Total monthly income equals $3,420/mo, and annual cash flow totals $10,328/yr on $135,882 invested. Return on cash invested prints 27.51% in year one, and rental yield reads 10.01% against a $409,900 entry. Equity gained on principal adds $2,645/yr, while 5% annual appreciation compiles into $113,248 by year five. Five-year ROI reaches 143.69% and total cumulative return in cash sums $195,244. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,420/mo property income covering a $2,006/mo payment, not borrower’s personal income.
Single Family
Built in 2002
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55976, Stewartville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,497 (100%) |
| Owner Occupied HU | 2,687 (76.8%) |
| Renter Occupied HU | 683 (19.5%) |
| Vacant Housing Units | 127 ( 3.6%) |
| Median Home Value | $394,668 |
| Average Home Value | $425,922 |
Housing Distribution
Address Breakdown
Residential
3,404
Single Family
3,119
Multi-Family
285
Businesses
183
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Listed by: Aaron Jones • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6796775