1736 Shorewood LnMoundMN55364
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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
Rental property for sale in Mound at 1736 Shorewood Ln, Mound, MN, 55364 generates $6,606/mo in rent, after a $7,826/mo payment. Total monthly income is $6,606/mo. Return on cash invested sits at 12.54% in year one, and rental yield is 4.96% on a $1,599,000 entry. Equity gained on principal adds $10,318/yr, while 5% annual appreciation builds toward $441,774 over five years. Five-year ROI reaches 63.33% and total cumulative return in cash sums $328,081. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,606/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55364, Mound, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,556 (100%) |
| Owner Occupied HU | 4,995 (76.2%) |
| Renter Occupied HU | 1,058 (16.1%) |
| Vacant Housing Units | 503 ( 7.7%) |
| Median Home Value | $619,218 |
| Average Home Value | $742,224 |
Housing Distribution
Address Breakdown
Residential
6,664
Single Family
5,915
Multi-Family
749
Businesses
270
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