964 Aurora CirRed WingMN55066
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
Investment property for sale in Red Wing at 964 Aurora Cir, Red Wing, MN, 55066 offers a 6.29% rental yield on a $399,500 purchase with $2,093/mo rent. 67% in year one. Equity gained on principal adds $2,578/yr while 5% annual appreciation supports $110,374 over five years. Portfolio math shows five-year ROI at 60.4% and total cumulative return in cash at $79,995. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,093/mo property income against a $1,955/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2003
4,356 sqft lot
$N/A/sqft
$390 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55066, Red Wing, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,639 (100%) |
| Owner Occupied HU | 5,722 (66.2%) |
| Renter Occupied HU | 2,426 (28.1%) |
| Vacant Housing Units | 491 ( 5.7%) |
| Median Home Value | $299,791 |
| Average Home Value | $345,687 |
Housing Distribution
Address Breakdown
Residential
8,540
Single Family
6,971
Multi-Family
1,569
Businesses
699
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Nearby investment properties with comparable prices
Listed by: Timothy A Nybo • Coldwell Banker Nybo & Assoc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6726988
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