18657 Lamar Ave NMarine On Saint CroixMN55047
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
Investment property for sale in Marine On Saint Croix at 18657 Lamar Ave N, Marine On Saint Croix, MN, 55047 earns $467/mo cash flow from $4,025/mo rent with a $2,789/mo payment. Total monthly income totals $4,025/mo, and annual cash flow totals $5,600/yr on $187,497 capital. ROI tracks 23.05% on current figures, and rental yield reads 8.48% at a $569,900 purchase. Equity gained on principal adds $3,677/yr, and 5% annual appreciation supports $157,453 over five years. Five-year ROI reaches 119.72% and total cumulative return in cash sums $224,466. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,025/mo property income instead of your personal income.
Single Family
Built in 2021
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55047, Marine On Saint Croix, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,264 (100%) |
| Owner Occupied HU | 1,010 (79.9%) |
| Renter Occupied HU | 86 ( 6.8%) |
| Vacant Housing Units | 168 (13.3%) |
| Median Home Value | $615,063 |
| Average Home Value | $706,200 |
Housing Distribution
Address Breakdown
Residential
1,019
Single Family
1,019
Multi-Family
0
Businesses
48
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Listed by: Erik Saldana Reyes • Lakes Sotheby's International Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6806962