4 Shoreline PlSpring ParkMN55384
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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 Spring Park at 4 Shoreline Pl, Spring Park, MN, 55384 earns from $2,233/mo rent with a $2,687/mo payment. Total monthly income totals $2,233/mo. ROI tracks 12.12% on current figures, and rental yield reads 4.88% at a $549,000 purchase. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,679 over five years. Five-year ROI reaches 61.11% and total cumulative return in cash sums $110,372. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,233/mo property income instead of your personal income.
Townhouse
Built in 1983
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55384, Spring Park, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,125 (100%) |
| Owner Occupied HU | 235 (20.9%) |
| Renter Occupied HU | 775 (68.9%) |
| Vacant Housing Units | 115 (10.2%) |
| Median Home Value | $775,943 |
| Average Home Value | $873,330 |
Housing Distribution
Address Breakdown
Residential
1,118
Single Family
296
Multi-Family
822
Businesses
118
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Listed by: Moe Mossa • Savvy Avenue, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6808422