7157 Large Ave NE #GRUVVROtsegoMN55330
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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 Otsego at 7157 Large Ave NE #GRUVVR, Otsego, MN, 55330 priced at $416,800 pairs $0/mo rent with after a $2,040/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.7% in year one, and rental yield stands at 0% on a $416,800 basis. Equity gained on principal adds $2,690/yr, and 5% annual appreciation accumulates to $115,154 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $2,040/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55330, Elk River, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,209 (100%) |
| Owner Occupied HU | 14,611 (80.2%) |
| Renter Occupied HU | 2,788 (15.3%) |
| Vacant Housing Units | 810 ( 4.4%) |
| Median Home Value | $390,674 |
| Average Home Value | $424,407 |
Housing Distribution
Address Breakdown
Residential
17,307
Single Family
15,298
Multi-Family
2,009
Businesses
1,116
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices