Perkins Plan, NorthridgeMontroseMN55363
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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 Montrose at Perkins Plan, Northridge, Montrose, MN, 55363 with 5% annual appreciation on a $454,900 basis while $1,500/mo rent supports operations. 24% in year one. Equity gained on principal adds $2,935/yr, and five-year appreciation sums $125,680 alongside rental yield of 3.96%. Five-year ROI measures 45.67% and total cumulative return in cash totals $68,876. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,500/mo property income versus a $2,227/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55363, Montrose, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,941 (100%) |
| Owner Occupied HU | 1,608 (82.8%) |
| Renter Occupied HU | 265 (13.7%) |
| Vacant Housing Units | 68 ( 3.5%) |
| Median Home Value | $362,338 |
| Average Home Value | $403,206 |
Housing Distribution
Address Breakdown
Residential
1,943
Single Family
1,738
Multi-Family
205
Businesses
54
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