793 90th St NEMonticelloMN55362
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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
Investment property for sale in Monticello at 793 90th St NE, Monticello, MN, 55362 listed at $825,000 pairs $3,066/mo rent with a $4,038/mo payment. Total monthly income runs $3,066/mo. Return on cash invested measures 10.84% in year one, and rental yield registers 4.46% at a $825,000 basis. Equity gained on principal adds $5,324/yr, and annual property appreciation at 5% supports $227,932 by year five. Five-year ROI tracks 54.25% and total cumulative return in cash totals $147,237. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,066/mo property income relative to a $4,038/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
15.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55362, Monticello, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,276 (100%) |
| Owner Occupied HU | 6,225 (75.2%) |
| Renter Occupied HU | 1,750 (21.1%) |
| Vacant Housing Units | 301 ( 3.6%) |
| Median Home Value | $358,209 |
| Average Home Value | $406,696 |
Housing Distribution
Address Breakdown
Residential
8,051
Single Family
6,827
Multi-Family
1,224
Businesses
606
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Listed by: Jacqueline Baumgard • Keller Williams Integrity NW
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6770220