19348 180th Ave NWBig LakeMN55309
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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 Big Lake at 19348 180th Ave NW, Big Lake, MN, 55309 uses $123,285 cash to close to unlock $6,767/yr annual cash flow and $564/mo monthly cash flow. Total monthly income runs $2,886/mo, and a $1,820/mo payment keeps the spread at $564/mo. Purchase price stands at $371,900, and rental yield measures 9.31% with $2,886/mo rent. Return on cash invested shows 25.4% in year one, and 5% annual appreciation builds toward $102,749 over five years. Five-year ROI reaches 132.35% and total cumulative return in cash records $163,166. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,886/mo property income covering a $1,820/mo payment rather than investor’s personal income.
Single Family
Built in 1987
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55309, Big Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,064 (100%) |
| Owner Occupied HU | 6,483 (80.4%) |
| Renter Occupied HU | 1,017 (12.6%) |
| Vacant Housing Units | 564 ( 7.0%) |
| Median Home Value | $353,012 |
| Average Home Value | $388,552 |
Housing Distribution
Address Breakdown
Residential
7,870
Single Family
6,967
Multi-Family
903
Businesses
391
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