10478 Leander RdAngoraMN55703
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
Rental property for sale in Angora at 10478 Leander Rd, Angora, MN, 55703 generates $1,576/mo in rent and, after a $759/mo payment, leaves $608/mo in cash flow. Total monthly income is $1,576/mo, and annual cash flow is $7,293/yr on $51,383 invested. Return on cash invested sits at 34.1% in year one, and rental yield is 12.2% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 179.02% and total cumulative return in cash sums $91,984. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,576/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
77.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55703, Angora, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 408 (100%) |
| Owner Occupied HU | 251 (61.5%) |
| Renter Occupied HU | 32 ( 7.8%) |
| Vacant Housing Units | 125 (30.6%) |
| Median Home Value | $303,125 |
| Average Home Value | $339,612 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
318
Multi-Family
0
Businesses
4
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Nearby investment properties with comparable prices
Listed by: Julia Maki • BIC Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6549805
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