12221 Larch Cir NWCoon RapidsMN55448
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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 Coon Rapids at 12221 Larch Cir NW, Coon Rapids, MN, 55448 listed at $399,900 pairs $2,869/mo rent with a $1,957/mo payment to leave $372/mo cash flow. Total monthly income runs $2,869/mo, and annual cash flow reaches $4,466/yr on $132,567 cash to close. Return on cash invested measures 23.28% in year one, and rental yield registers 8.61% at a $399,900 basis. Equity gained on principal adds $2,580/yr, and annual property appreciation at 5% supports $110,485 by year five. Five-year ROI tracks 121% and total cumulative return in cash totals $160,400. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,869/mo property income relative to a $1,957/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
0.28 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55448, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,920 (100%) |
| Owner Occupied HU | 8,696 (79.6%) |
| Renter Occupied HU | 2,002 (18.3%) |
| Vacant Housing Units | 222 ( 2.0%) |
| Median Home Value | $351,012 |
| Average Home Value | $374,329 |
Housing Distribution
Address Breakdown
Residential
10,860
Single Family
10,012
Multi-Family
848
Businesses
541
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Listed by: Catherine Carchedi, GRI, CRS • RE/MAX Synergy
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6778221