18155 Anderson Trl SEErskineMN56535
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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 Erskine at 18155 Anderson Trl SE, Erskine, MN, 56535 generates $2,018/mo in rent, after a $3,181/mo payment. Total monthly income is $2,018/mo. Return on cash invested sits at 8.61% in year one, and rental yield is 3.73% on a $649,900 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,555 over five years. Five-year ROI reaches 42.29% and total cumulative return in cash sums $90,426. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,018/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56535, Erskine, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 845 (100%) |
| Owner Occupied HU | 426 (50.4%) |
| Renter Occupied HU | 100 (11.8%) |
| Vacant Housing Units | 319 (37.8%) |
| Median Home Value | $275,926 |
| Average Home Value | $305,188 |
Housing Distribution
Address Breakdown
Residential
562
Single Family
533
Multi-Family
29
Businesses
52
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Listed by: Julie Kadlec Vorachek • Oxford Realty
Mls Name: GFBMLS
Mls Provider:
Mls ID: #25-698
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.