306 Heritage TrlCircle PinesMN55014
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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 Circle Pines at 306 Heritage Trl, Circle Pines, MN, 55014 offers $2,094/mo rent that, after a $1,468/mo payment, leaves $221/mo cash flow. Total monthly income is $2,094/mo, and annual cash flow is $2,654/yr on $99,417 cash. Return on cash invested measures 22.58% in year one, and rental yield stands at 8.38% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 117.27% and total cumulative return in cash reaches $116,584. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,094/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2003
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55014, Circle Pines, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,108 (100%) |
| Owner Occupied HU | 8,988 (80.9%) |
| Renter Occupied HU | 1,623 (14.6%) |
| Vacant Housing Units | 497 ( 4.5%) |
| Median Home Value | $383,530 |
| Average Home Value | $412,228 |
Housing Distribution
Address Breakdown
Residential
10,939
Single Family
9,780
Multi-Family
1,159
Businesses
526
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Listed by: Jason Curtis • National Realty Guild
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7005326