2235 Trees Ln #19Cass LakeMN56633
Nearby investment properties with comparable rents
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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 Cass Lake at 2235 Trees Ln #19, Cass Lake, MN, 56633 earns $205/mo cash flow from $2,077/mo rent with a $1,394/mo payment. Total monthly income totals $2,077/mo, and annual cash flow totals $2,465/yr on $94,444 capital. ROI tracks 22.52% on current figures, and rental yield reads 8.75% at a $284,900 purchase. Equity gained on principal adds $1,838/yr, and 5% annual appreciation supports $78,713 over five years. Five-year ROI reaches 117.36% and total cumulative return in cash sums $110,843. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,077/mo property income instead of your personal income.
Manufactured
Built in 2004
0.27 Acres lot
$N/A/sqft
$93 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56633, Cass Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,284 (100%) |
| Owner Occupied HU | 1,084 (47.5%) |
| Renter Occupied HU | 486 (21.3%) |
| Vacant Housing Units | 714 (31.3%) |
| Median Home Value | $278,846 |
| Average Home Value | $310,085 |
Housing Distribution
Address Breakdown
Residential
1,397
Single Family
1,345
Multi-Family
52
Businesses
122
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Listed by: Team Montgomery • 218 Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6707272
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