32061 Primrose LnLaporteMN56461
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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
Total monthly income runs $2,128/mo, and a $2,948/mo payment. Purchase price stands at $602,300, and rental yield measures 4.24% with $2,128/mo rent. Return on cash invested shows 10.17% in year one, and 5% annual appreciation builds toward $166,404 over five years. Five-year ROI reaches 50.65% and total cumulative return in cash records $100,370. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,128/mo property income covering a $2,948/mo payment rather than investor’s personal income.
Single Family
Built in 1998
1.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56461, Laporte, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,061 (100%) |
| Owner Occupied HU | 1,219 (59.1%) |
| Renter Occupied HU | 169 ( 8.2%) |
| Vacant Housing Units | 673 (32.7%) |
| Median Home Value | $294,833 |
| Average Home Value | $351,940 |
Housing Distribution
Address Breakdown
Residential
1,474
Single Family
1,474
Multi-Family
0
Businesses
29
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