873 Escalade Ln SEOwatonnaMN55060
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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 Owatonna at 873 Escalade Ln SE, Owatonna, MN, 55060 priced at $358,900 pairs $1,927/mo rent with after a $1,757/mo payment. Total monthly income equals $1,927/mo. Return on cash invested is 16.74% in year one, and rental yield stands at 6.44% on a $358,900 basis. Equity gained on principal adds $2,316/yr, and 5% annual appreciation accumulates to $99,157 by year five. Five-year ROI measures 85.9% and total cumulative return in cash reaches $102,204. For financing, Ziffy Mortgage’s DSCR program evaluates $1,927/mo property income against a $1,757/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55060, Owatonna, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,775 (100%) |
| Owner Occupied HU | 8,880 (69.5%) |
| Renter Occupied HU | 3,208 (25.1%) |
| Vacant Housing Units | 687 ( 5.4%) |
| Median Home Value | $270,032 |
| Average Home Value | $312,015 |
Housing Distribution
Address Breakdown
Residential
12,408
Single Family
10,414
Multi-Family
1,994
Businesses
1,010
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