2117 Cleveland Ln SCAMBRIDGEMN55008
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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 CAMBRIDGE at 2117 Cleveland Ln S, CAMBRIDGE, MN, 55008 uses $104,389 cash to close to unlock $6,491/yr annual cash flow and $541/mo monthly cash flow. Total monthly income runs $2,507/mo, and a $1,541/mo payment keeps the spread at $541/mo. Purchase price stands at $314,900, and rental yield measures 9.55% with $2,507/mo rent. Return on cash invested shows 26.13% in year one, and 5% annual appreciation builds toward $87,001 over five years. Five-year ROI reaches 136.26% and total cumulative return in cash records $142,246. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,507/mo property income covering a $1,541/mo payment rather than investor’s personal income.
Townhouse
Built in 2021
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55008, Cambridge, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,287 (100%) |
| Owner Occupied HU | 5,254 (72.1%) |
| Renter Occupied HU | 1,654 (22.7%) |
| Vacant Housing Units | 379 ( 5.2%) |
| Median Home Value | $318,249 |
| Average Home Value | $362,902 |
Housing Distribution
Address Breakdown
Residential
7,262
Single Family
6,167
Multi-Family
1,095
Businesses
587
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