18975 Flora St NWOak GroveMN55011
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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 Oak Grove at 18975 Flora St NW, Oak Grove, MN, 55011 offers a 7.91% rental yield on a $384,900 purchase with $2,538/mo rent. Total monthly income registers $2,538/mo, and a $1,884/mo payment leaves $134/mo available for distribution. Annual cash flow reaches $1,613/yr on $127,594 to close, and return on cash invested stands at 21.17% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,341 over five years. Portfolio math shows five-year ROI at 109.71% and total cumulative return in cash at $139,983. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,538/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
2.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55011, Cedar, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,060 (100%) |
| Owner Occupied HU | 3,776 (93.0%) |
| Renter Occupied HU | 231 ( 5.7%) |
| Vacant Housing Units | 53 ( 1.3%) |
| Median Home Value | $423,337 |
| Average Home Value | $451,419 |
Housing Distribution
Address Breakdown
Residential
4,040
Single Family
3,752
Multi-Family
288
Businesses
196
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