708 5th St SWRochesterMN55902
Nearby investment properties with comparable rents
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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
Rental property for sale in Rochester at 708 5th St SW, Rochester, MN, 55902 offers $1,358/mo rent that, after a $2,251/mo payment. Total monthly income is $1,358/mo. Return on cash invested measures 7.99% in year one, and rental yield stands at 3.54% at a $459,900 entry. Equity gained on principal adds $2,968/yr while 5% annual appreciation compounds into $127,062 by year five. Five-year ROI records 39.04% and total cumulative return in cash reaches $59,526. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,358/mo property income versus a $2,251/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1930
5,662 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alex Brainard • Harbor Realty & Management Group LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6690094
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