2801 11th AveAnokaMN55303
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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
Rental property for sale in Anoka at 2801 11th Ave, Anoka, MN, 55303 generates $2,591/mo in rent and, after a $1,691/mo payment, leaves $434/mo in cash flow. Total monthly income is $2,591/mo, and annual cash flow is $5,203/yr on $114,533 invested. Return on cash invested sits at 24.45% in year one, and rental yield is 9% on a $345,500 entry. Equity gained on principal adds $2,229/yr, while 5% annual appreciation builds toward $95,455 over five years. Five-year ROI reaches 127.29% and total cumulative return in cash sums $145,793. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,591/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55303, Anoka, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,533 (100%) |
| Owner Occupied HU | 14,765 (71.9%) |
| Renter Occupied HU | 5,139 (25.0%) |
| Vacant Housing Units | 629 ( 3.1%) |
| Median Home Value | $384,834 |
| Average Home Value | $425,564 |
Housing Distribution
Address Breakdown
Residential
20,469
Single Family
16,681
Multi-Family
3,788
Businesses
1,270
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