109 Lone Oak LnWaite ParkMN56387
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 Waite Park at 109 Lone Oak Ln, Waite Park, MN, 56387 earns from $1,380/mo rent with a $1,003/mo payment. Total monthly income totals $1,380/mo. ROI tracks 18.77% on current figures, and rental yield reads 8.08% at a $205,000 purchase. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 over five years. Five-year ROI reaches 97.89% and total cumulative return in cash sums $66,522. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,380/mo property income instead of your personal income.
Townhouse
Built in 1984
2,178 sqft lot
$N/A/sqft
$165 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56387, Waite Park, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,496 (100%) |
| Owner Occupied HU | 1,452 (41.5%) |
| Renter Occupied HU | 1,887 (54.0%) |
| Vacant Housing Units | 157 ( 4.5%) |
| Median Home Value | $295,545 |
| Average Home Value | $330,418 |
Housing Distribution
Address Breakdown
Residential
3,519
Single Family
1,722
Multi-Family
1,797
Businesses
598
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly Schepers • Premier Real Estate Services
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6761286
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