114 South Dr #DCircle PinesMN55014
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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 Circle Pines at 114 South Dr #D, Circle Pines, MN, 55014 uses $76,212 cash to close to unlock $9,176/yr annual cash flow and $765/mo monthly cash flow. Total monthly income runs $2,200/mo, and a $1,125/mo payment keeps the spread at $765/mo. Purchase price stands at $229,900, and rental yield measures 11.48% with $2,200/mo rent. Return on cash invested shows 31.95% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 167.5% and total cumulative return in cash records $127,655. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,200/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Townhouse
Built in 1985
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55014, Circle Pines, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,108 (100%) |
| Owner Occupied HU | 8,988 (80.9%) |
| Renter Occupied HU | 1,623 (14.6%) |
| Vacant Housing Units | 497 ( 4.5%) |
| Median Home Value | $383,530 |
| Average Home Value | $412,228 |
Housing Distribution
Address Breakdown
Residential
10,939
Single Family
9,780
Multi-Family
1,159
Businesses
526
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Listed by: Joseph Dalton • Dalton Realty LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6793179