315 Heritage TrlCircle PinesMN55014
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Circle Pines at 315 Heritage Trl, Circle Pines, MN, 55014 at $279,900 posts ROI 33.02% with $1,014/mo cash flow from $2,762/mo rent. Total monthly income equals $2,762/mo, and annual cash flow records $12,170/yr on $92,787 to close. Return on cash invested measures 33.02% and rental yield reads 11.84% at the current $279,900. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 by year five. Five-year ROI prints 173.29% and total cumulative return in cash totals $160,789.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,762/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2002
1,785 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: Brendan Ashton • Complete Management Services
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7000438