8578 Gateway CirMonticelloMN55362
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 Monticello at 8578 Gateway Cir, Monticello, MN, 55362 generates $2,653/mo in rent and, after a $1,321/mo payment, leaves $968/mo in cash flow. Total monthly income is $2,653/mo, and annual cash flow is $11,612/yr on $89,472 invested. Return on cash invested sits at 32.89% in year one, and rental yield is 11.8% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 172.51% and total cumulative return in cash sums $154,350. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,653/mo property income rather than buyer’s personal income.
Townhouse
Built in 2019
2,178 sqft 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: Katie Glover • Keller Williams Classic Rlty NW
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7007979