Erie Plan, Prairie Crossing - The Estates CollectionOtsegoMN55330
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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
Total monthly income is $3,786/mo, and annual cash flow is $5,044/yr on $177,328 cash. Return on cash invested measures 22.9% in year one, and rental yield stands at 8.43% at a $538,990 entry. Equity gained on principal adds $3,478/yr while 5% annual appreciation compounds into $148,913 by year five. Five-year ROI records 118.97% and total cumulative return in cash reaches $210,969. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,786/mo property income versus a $2,638/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55330, Elk River, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,209 (100%) |
| Owner Occupied HU | 14,611 (80.2%) |
| Renter Occupied HU | 2,788 (15.3%) |
| Vacant Housing Units | 810 ( 4.4%) |
| Median Home Value | $390,674 |
| Average Home Value | $424,407 |
Housing Distribution
Address Breakdown
Residential
17,307
Single Family
15,298
Multi-Family
2,009
Businesses
1,116
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