912 Katelyn Cir NEMontgomeryMN56069
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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
Investment property for sale in Montgomery at 912 Katelyn Cir NE, Montgomery, MN, 56069 uses $109,362 cash to close to unlock $2,840/yr annual cash flow and $237/mo monthly cash flow. Total monthly income runs $2,297/mo, and a $1,615/mo payment keeps the spread at $237/mo. Purchase price stands at $329,900, and rental yield measures 8.36% with $2,297/mo rent. Return on cash invested shows 22.51% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 116.85% and total cumulative return in cash records $127,791. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,297/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Townhouse
Built in 2025
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56069, Montgomery, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,200 (100%) |
| Owner Occupied HU | 1,638 (74.5%) |
| Renter Occupied HU | 419 (19.0%) |
| Vacant Housing Units | 143 ( 6.5%) |
| Median Home Value | $347,687 |
| Average Home Value | $457,990 |
Housing Distribution
Address Breakdown
Residential
2,100
Single Family
1,997
Multi-Family
103
Businesses
140
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Listed by: Katyana Miller • Miller Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6785177