18041 Walnut CirBig LakeMN55309
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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 Big Lake at 18041 Walnut Cir, Big Lake, MN, 55309 uses $91,129 cash to close to unlock $2,807/yr annual cash flow and $234/mo monthly cash flow. Total monthly income runs $1,950/mo, and a $1,346/mo payment keeps the spread at $234/mo. Purchase price stands at $274,900, and rental yield measures 8.51% with $1,950/mo rent. Return on cash invested shows 22.99% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 119.43% and total cumulative return in cash records $108,831. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,950/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55309, Big Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,064 (100%) |
| Owner Occupied HU | 6,483 (80.4%) |
| Renter Occupied HU | 1,017 (12.6%) |
| Vacant Housing Units | 564 ( 7.0%) |
| Median Home Value | $353,012 |
| Average Home Value | $388,552 |
Housing Distribution
Address Breakdown
Residential
7,870
Single Family
6,967
Multi-Family
903
Businesses
391
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