21542 S Lake George Dr NWCedarMN55011
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
Investment Highlights
Rental property for sale in Cedar at 21542 S Lake George Dr NW, Cedar, MN, 55011 generates $4,188/mo in rent, after a $4,650/mo payment. Total monthly income is $4,188/mo. Return on cash invested sits at 13.36% in year one, and rental yield is 5.29% on a $950,000 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation builds toward $262,467 over five years. Five-year ROI reaches 67.78% and total cumulative return in cash sums $211,838. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,188/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55011, Cedar, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,060 (100%) |
| Owner Occupied HU | 3,776 (93.0%) |
| Renter Occupied HU | 231 ( 5.7%) |
| Vacant Housing Units | 53 ( 1.3%) |
| Median Home Value | $423,337 |
| Average Home Value | $451,419 |
Housing Distribution
Address Breakdown
Residential
4,040
Single Family
3,752
Multi-Family
288
Businesses
196
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Nearby investment properties with comparable prices
Listed by: Jon D. Jondahl Group • eXp Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6537770
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