38922 Christie LnCohassetMN55721
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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 Cohasset at 38922 Christie Ln, Cohasset, MN, 55721 listed at $429,900 pairs $1,777/mo rent with a $2,104/mo payment. Total monthly income runs $1,777/mo. Return on cash invested measures 12.27% in year one, and rental yield registers 4.96% at a $429,900 basis. Equity gained on principal adds $2,774/yr, and annual property appreciation at 5% supports $118,773 by year five. Five-year ROI tracks 61.95% and total cumulative return in cash totals $88,279. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,777/mo property income relative to a $2,104/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2001
9.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55721, Cohasset, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,837 (100%) |
| Owner Occupied HU | 1,330 (72.4%) |
| Renter Occupied HU | 160 ( 8.7%) |
| Vacant Housing Units | 347 (18.9%) |
| Median Home Value | $378,392 |
| Average Home Value | $450,788 |
Housing Distribution
Address Breakdown
Residential
1,549
Single Family
1,503
Multi-Family
46
Businesses
58
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