8368 Foothill Rd SCottage GroveMN55016
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 Cottage Grove at 8368 Foothill Rd S, Cottage Grove, MN, 55016 offers $4,764/mo rent that, after a $2,148/mo payment, leaves $2,024/mo cash flow. Total monthly income is $4,764/mo, and annual cash flow is $24,283/yr on $145,462 cash. Return on cash invested measures 36.6% in year one, and rental yield stands at 13.03% at a $438,800 entry. Equity gained on principal adds $2,832/yr while 5% annual appreciation compounds into $121,232 by year five. Five-year ROI records 192.44% and total cumulative return in cash reaches $279,929. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,764/mo property income versus a $2,148/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55016, Cottage Grove, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,384 (100%) |
| Owner Occupied HU | 12,945 (84.1%) |
| Renter Occupied HU | 2,017 (13.1%) |
| Vacant Housing Units | 422 ( 2.7%) |
| Median Home Value | $399,285 |
| Average Home Value | $443,584 |
Housing Distribution
Address Breakdown
Residential
14,637
Single Family
13,779
Multi-Family
858
Businesses
451
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mick Ramey • Coldwell Banker Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6562314
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