10561 181st Ln NWElk RiverMN55330
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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 Elk River at 10561 181st Ln NW, Elk River, MN, 55330 generates $2,468/mo in rent and, after a $1,591/mo payment, leaves $438/mo in cash flow. Total monthly income is $2,468/mo, and annual cash flow is $5,259/yr on $107,738 invested. Return on cash invested sits at 24.79% in year one, and rental yield is 9.11% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 129.11% and total cumulative return in cash sums $139,105. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,468/mo property income rather than buyer’s personal income.
Townhouse
Built in 2004
4,356 sqft 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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