1903 113th Ln NWCoon RapidsMN55433
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 1903 113th Ln NW, Coon Rapids, MN, 55433 in Coon Rapids. At $214,000 it earns $2,086/mo in rent and distributes $415/mo to the owner after the $962/mo payment, a consistent 11.69% yield. DSCR 2.17 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $59,124 in value; $1,971/yr in principal paydown compounds ownership stake. Total projected return: $129,516.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 4.2% |
| Monthly Cash Flow | $415 | $1,200 |
City averages based on Coon Rapids market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,086 |
| Total Monthly Debt Service | $1,251 |
| DSCR Ratio | 1.67x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1984
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55433, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,906 (100%) |
| Owner Occupied HU | 9,704 (65.1%) |
| Renter Occupied HU | 4,830 (32.4%) |
| Vacant Housing Units | 372 ( 2.5%) |
| Median Home Value | $330,802 |
| Average Home Value | $345,487 |
Housing Distribution
Address Breakdown
Residential
14,605
Single Family
10,865
Multi-Family
3,740
Businesses
648
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
Townhouse
Built in 1984
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55433, Minneapolis, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,906 (100%) |
| Owner Occupied HU | 9,704 (65.1%) |
| Renter Occupied HU | 4,830 (32.4%) |
| Vacant Housing Units | 372 ( 2.5%) |
| Median Home Value | $330,802 |
| Average Home Value | $345,487 |
Housing Distribution
Address Breakdown
Residential
14,605
Single Family
10,865
Multi-Family
3,740
Businesses
648
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6811060