7342 Kaeding Ave NEOtsegoMN55330
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 Otsego at 7342 Kaeding Ave NE, Otsego, MN, 55330 generates $3,060/mo in rent and, after a $1,766/mo payment, leaves $807/mo in cash flow. Total monthly income is $3,060/mo, and annual cash flow is $9,681/yr on $119,640 invested. Return on cash invested sits at 28% in year one, and rental yield is 10.17% on a $360,905 entry. Equity gained on principal adds $2,329/yr, while 5% annual appreciation builds toward $99,711 over five years. Five-year ROI reaches 146.3% and total cumulative return in cash sums $175,038. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,060/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
8,712 sqft 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
Nearby investment properties with comparable prices