2117 Traverse DrLino LakesMN55038
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Lino Lakes rental at 2117 Traverse Dr, Lino Lakes, MN, 55038 sits in the solid-income band: 9.86% gross yield, $3,571/mo rent, $939/mo net after the $2,527/mo debt service, DSCR 1.41. Entry price of $561,970 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $155,262 and $5,176/yr in principal reduction bring total cumulative return to $207,084.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 6.5% |
| Monthly Cash Flow | $939 | $350 |
City averages based on Lino Lakes market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,571 |
| Total Monthly Debt Service | $3,455 |
| DSCR Ratio | 1.03x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
9,147 sqft lot
$N/A/sqft
$169 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55038, Hugo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,055 (100%) |
| Owner Occupied HU | 8,931 (88.8%) |
| Renter Occupied HU | 868 ( 8.6%) |
| Vacant Housing Units | 256 ( 2.5%) |
| Median Home Value | $484,067 |
| Average Home Value | $520,211 |
Housing Distribution
Address Breakdown
Residential
9,910
Single Family
9,782
Multi-Family
128
Businesses
380
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2025
9,147 sqft lot
$N/A/sqft
$169 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55038, Hugo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,055 (100%) |
| Owner Occupied HU | 8,931 (88.8%) |
| Renter Occupied HU | 868 ( 8.6%) |
| Vacant Housing Units | 256 ( 2.5%) |
| Median Home Value | $484,067 |
| Average Home Value | $520,211 |
Housing Distribution
Address Breakdown
Residential
9,910
Single Family
9,782
Multi-Family
128
Businesses
380
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lennar Minnesota • Lennar Sales Corp
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6728419
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