11692 E Laketowne DrAlbertvilleMN55301
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 Albertville at 11692 E Laketowne Dr, Albertville, MN, 55301 earns from $3,446/mo rent with a $3,132/mo payment. Total monthly income totals $3,446/mo. ROI tracks 16.93% on current figures, and rental yield reads 6.46% at a $639,900 purchase. Equity gained on principal adds $4,129/yr, and 5% annual appreciation supports $176,793 over five years. Five-year ROI reaches 86.9% and total cumulative return in cash sums $182,951. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,446/mo property income instead of your personal income.
Single Family
Built in 2003
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55301, Albertville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,117 (100%) |
| Owner Occupied HU | 4,068 (79.5%) |
| Renter Occupied HU | 797 (15.6%) |
| Vacant Housing Units | 252 ( 4.9%) |
| Median Home Value | $358,720 |
| Average Home Value | $371,713 |
Housing Distribution
Address Breakdown
Residential
4,772
Single Family
4,492
Multi-Family
280
Businesses
315
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Zane Petersen • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6754915