17 Lake CtNorth OaksMN55127
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
Rental property for sale in North Oaks at 17 Lake Ct, North Oaks, MN, 55127 priced at $1,075,000 pairs $3,600/mo rent with after a $5,262/mo payment. Total monthly income equals $3,600/mo. Return on cash invested is 9.07% in year one, and rental yield stands at 4.02% on a $1,075,000 basis. Equity gained on principal adds $6,937/yr, and 5% annual appreciation accumulates to $297,003 by year five. Five-year ROI measures 44.89% and total cumulative return in cash reaches $156,354. For financing, Ziffy Mortgage’s DSCR program evaluates $3,600/mo property income against a $5,262/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
1 Acres lot
$N/A/sqft
$2,005 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55127, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,547 (100%) |
| Owner Occupied HU | 6,292 (73.6%) |
| Renter Occupied HU | 1,775 (20.8%) |
| Vacant Housing Units | 480 ( 5.6%) |
| Median Home Value | $458,516 |
| Average Home Value | $534,441 |
Housing Distribution
Address Breakdown
Residential
8,077
Single Family
7,259
Multi-Family
818
Businesses
429
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bethany Kostolnik • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6707121
Disclaimer: Based on information submitted to the MLS GRID as of 2025-06-12 10:33:21 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#28) By searching NorthstarMLS listings you agree to the [NorthstarMLS End User License Agreement](https://static1.squarespace.com/static/56c4eea9d51cd483819dae7b/t/56cbe7e32fe13151e10e6b3d/1456203748061/EULA.pdf)