20182 Cleary Rd NWNowthenMN55303
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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 Nowthen at 20182 Cleary Rd NW, Nowthen, MN, 55303 earns from $5,660/mo rent with a $6,730/mo payment. Total monthly income totals $5,660/mo. ROI tracks 12.49% on current figures, and rental yield reads 4.94% at a $1,375,000 purchase. Equity gained on principal adds $8,873/yr, and 5% annual appreciation supports $379,887 over five years. Five-year ROI reaches 63.02% and total cumulative return in cash sums $280,746. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,660/mo property income instead of your personal income.
Single Family
Built in 2023
10.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55303, Anoka, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,533 (100%) |
| Owner Occupied HU | 14,765 (71.9%) |
| Renter Occupied HU | 5,139 (25.0%) |
| Vacant Housing Units | 629 ( 3.1%) |
| Median Home Value | $384,834 |
| Average Home Value | $425,564 |
Housing Distribution
Address Breakdown
Residential
20,469
Single Family
16,681
Multi-Family
3,788
Businesses
1,270
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