19235 Larkspur Ave NMarine On Saint CroixMN55047
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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 Marine On Saint Croix at 19235 Larkspur Ave N, Marine On Saint Croix, MN, 55047 generates $2,413/mo in rent, after a $2,398/mo payment. Total monthly income is $2,413/mo. Return on cash invested sits at 15.13% in year one, and rental yield is 5.91% on a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 77.3% and total cumulative return in cash sums $125,537. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,413/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.32 Acres 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: Aundrea M. Paskett • RE/MAX Professionals
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6783195