198 Morgan LnLino LakesMN55014
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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 Lino Lakes at 198 Morgan Ln, Lino Lakes, MN, 55014 priced at $299,900 pairs $2,882/mo rent with $1,009/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,882/mo, and annual cash flow comes to $12,110/yr on $99,417 invested. Return on cash invested is 32.09% in year one, and rental yield stands at 11.53% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 168.27% and total cumulative return in cash reaches $167,284. For financing, Ziffy Mortgage’s DSCR program evaluates $2,882/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2007
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55014, Circle Pines, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,108 (100%) |
| Owner Occupied HU | 8,988 (80.9%) |
| Renter Occupied HU | 1,623 (14.6%) |
| Vacant Housing Units | 497 ( 4.5%) |
| Median Home Value | $383,530 |
| Average Home Value | $412,228 |
Housing Distribution
Address Breakdown
Residential
10,939
Single Family
9,780
Multi-Family
1,159
Businesses
526
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Listed by: Ed A Dropps IV • Realty ONE Group Choice
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6818801