1012 18th Ave SEForest LakeMN55025
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 Forest Lake at 1012 18th Ave SE, Forest Lake, MN, 55025 earns $979/mo cash flow from $2,659/mo rent with a $1,317/mo payment. Total monthly income totals $2,659/mo, and annual cash flow totals $11,746/yr on $89,174 capital. ROI tracks 33.08% on current figures, and rental yield reads 11.86% at a $269,000 purchase. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 over five years. Five-year ROI reaches 173.54% and total cumulative return in cash sums $154,751. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,659/mo property income instead of your personal income.
Townhouse
Built in 2001
1,655 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55025, Forest Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,772 (100%) |
| Owner Occupied HU | 7,643 (71.0%) |
| Renter Occupied HU | 2,675 (24.8%) |
| Vacant Housing Units | 454 ( 4.2%) |
| Median Home Value | $461,158 |
| Average Home Value | $494,213 |
Housing Distribution
Address Breakdown
Residential
10,705
Single Family
8,739
Multi-Family
1,966
Businesses
794
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Listed by: Emily Wells • Fazendin REALTORS
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6823919