13230 Meadowood Trl NW APT 102Coon 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 13230 Meadowood Trl NW APT 102, Coon Rapids, MN, 55448 uses $77,903 cash to close to unlock $8,541/yr annual cash flow and $712/mo monthly cash flow. Total monthly income runs $2,179/mo, and a $1,150/mo payment keeps the spread at $712/mo. Purchase price stands at $235,000, and rental yield measures 11.13% with $2,179/mo rent. Return on cash invested shows 30.87% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 161.7% and total cumulative return in cash records $125,968. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,179/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Townhouse
Built in 1991
871.20 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: Sandy Sharpe • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6774407