10894 Woodland DrChisago CityMN55013
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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 Chisago City at 10894 Woodland Dr, Chisago City, MN, 55013 uses $92,820 cash to close to unlock $5,628/yr annual cash flow and $469/mo monthly cash flow. Total monthly income runs $2,217/mo, and a $1,370/mo payment keeps the spread at $469/mo. Purchase price stands at $280,000, and rental yield measures 9.5% with $2,217/mo rent. Return on cash invested shows 25.97% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 135.42% and total cumulative return in cash records $125,697. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,217/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Townhouse
Built in 1999
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55013, Chisago City, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,205 (100%) |
| Owner Occupied HU | 2,448 (76.4%) |
| Renter Occupied HU | 544 (17.0%) |
| Vacant Housing Units | 213 ( 6.6%) |
| Median Home Value | $425,854 |
| Average Home Value | $505,499 |
Housing Distribution
Address Breakdown
Residential
2,900
Single Family
2,672
Multi-Family
228
Businesses
174
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Listed by: Amber Gonion • Gonion Group
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6774722