13145 Avocet St 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 13145 Avocet St NW, Coon Rapids, MN, 55448 listed at $600,000 pairs $4,151/mo rent with a $2,937/mo payment to leave $404/mo cash flow. Total monthly income runs $4,151/mo, and annual cash flow reaches $4,848/yr on $197,400 cash to close. Return on cash invested measures 22.52% in year one, and rental yield registers 8.3% at a $600,000 basis. Equity gained on principal adds $3,872/yr, and annual property appreciation at 5% supports $165,769 by year five. Five-year ROI tracks 116.85% and total cumulative return in cash totals $230,664. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,151/mo property income relative to a $2,937/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
0.28 Acres 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: Jon D. Jondahl Group • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7003345