3345 Lachman Ct NESaint MichaelMN55376
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 Saint Michael at 3345 Lachman Ct NE, Saint Michael, MN, 55376 listed at $417,725 pairs $4,140/mo rent with a $2,045/mo payment to leave $1,514/mo cash flow. Total monthly income runs $4,140/mo, and annual cash flow reaches $18,173/yr on $138,476 cash to close. Return on cash invested measures 33.03% in year one, and rental yield registers 11.89% at a $417,725 basis. Equity gained on principal adds $2,696/yr, and annual property appreciation at 5% supports $115,410 by year five. Five-year ROI tracks 173.36% and total cumulative return in cash totals $240,061. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,140/mo property income relative to a $2,045/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.30 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55376, Saint Michael, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,435 (100%) |
| Owner Occupied HU | 6,333 (85.2%) |
| Renter Occupied HU | 824 (11.1%) |
| Vacant Housing Units | 278 ( 3.7%) |
| Median Home Value | $416,843 |
| Average Home Value | $455,816 |
Housing Distribution
Address Breakdown
Residential
6,946
Single Family
6,681
Multi-Family
265
Businesses
334
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Nearby investment properties with comparable prices
Listed by: Anna Christopherson • Keller Williams Classic Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6682381
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