10385 64th St NEAlbertvilleMN55301
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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
Rental property for sale in Albertville at 10385 64th St NE, Albertville, MN, 55301 generates $1,407/mo in rent and, after a $979/mo payment, leaves $158/mo in cash flow. Total monthly income is $1,407/mo, and annual cash flow is $1,896/yr on $66,300 invested. Return on cash invested sits at 22.77% in year one, and rental yield is 8.44% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 118.24% and total cumulative return in cash sums $78,392. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,407/mo property income rather than buyer’s personal income.
Townhouse
Built in 2000
2,352 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55301, Albertville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,117 (100%) |
| Owner Occupied HU | 4,068 (79.5%) |
| Renter Occupied HU | 797 (15.6%) |
| Vacant Housing Units | 252 ( 4.9%) |
| Median Home Value | $358,720 |
| Average Home Value | $371,713 |
Housing Distribution
Address Breakdown
Residential
4,772
Single Family
4,492
Multi-Family
280
Businesses
315
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Listed by: Mitchel Herian • Kris Lindahl Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7002528