2179 River Rd SLakelandMN55043
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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 Lakeland at 2179 River Rd S, Lakeland, MN, 55043 at $1,613,800 posts ROI 7.58% with from $4,504/mo rent. Total monthly income equals $4,504/mo. Return on cash invested measures 7.58% and rental yield reads 3.35% at the current $1,613,800. Equity gained on principal adds $10,414/yr, and 5% annual appreciation supports $445,863 by year five. Five-year ROI prints 36.7% and total cumulative return in cash totals $191,884. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,504/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55043, Lakeland, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,527 (100%) |
| Owner Occupied HU | 1,296 (84.9%) |
| Renter Occupied HU | 144 ( 9.4%) |
| Vacant Housing Units | 87 ( 5.7%) |
| Median Home Value | $463,103 |
| Average Home Value | $608,632 |
Housing Distribution
Address Breakdown
Residential
1,479
Single Family
1,479
Multi-Family
0
Businesses
132
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