1330 N 10th StLake CityMN55041
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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
Total monthly income runs $2,203/mo, and a $1,810/mo payment. Purchase price stands at $369,900, and rental yield measures 7.15% with $2,203/mo rent. Return on cash invested shows 18.87% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 97.34% and total cumulative return in cash records $119,362. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,203/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Townhouse
Built in 2004
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55041, Lake City, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,052 (100%) |
| Owner Occupied HU | 2,758 (68.1%) |
| Renter Occupied HU | 660 (16.3%) |
| Vacant Housing Units | 634 (15.6%) |
| Median Home Value | $329,484 |
| Average Home Value | $356,927 |
Housing Distribution
Address Breakdown
Residential
3,700
Single Family
3,279
Multi-Family
421
Businesses
248
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