28510 Jeffrey AveChisago CityMN55013
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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 Chisago City at 28510 Jeffrey Ave, Chisago City, MN, 55013 offers a 9.78% rental yield on a $374,900 purchase with $3,054/mo rent. Total monthly income registers $3,054/mo, and a $1,835/mo payment leaves $713/mo available for distribution. Annual cash flow reaches $8,555/yr on $124,279 to close, and return on cash invested stands at 26.79% in year one. Equity gained on principal adds $2,419/yr while 5% annual appreciation supports $103,578 over five years. Portfolio math shows five-year ROI at 139.83% and total cumulative return in cash at $173,779. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,054/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
1.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55013, Chisago City, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,205 (100%) |
| Owner Occupied HU | 2,448 (76.4%) |
| Renter Occupied HU | 544 (17.0%) |
| Vacant Housing Units | 213 ( 6.6%) |
| Median Home Value | $425,854 |
| Average Home Value | $505,499 |
Housing Distribution
Address Breakdown
Residential
2,900
Single Family
2,672
Multi-Family
228
Businesses
174
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Listed by: Shanin Garbow • Northstar Real Estate Associates
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6781668