4262 Parkview LnAnokaMN55303
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 Anoka at 4262 Parkview Ln, Anoka, MN, 55303 at $655,000 posts ROI 24.38% with $775/mo cash flow from $4,962/mo rent. Total monthly income equals $4,962/mo, and annual cash flow records $9,301/yr on $215,495 to close. Return on cash invested measures 24.38% and rental yield reads 9.09% at the current $655,000. Equity gained on principal adds $4,227/yr, and 5% annual appreciation supports $180,964 by year five. Five-year ROI prints 127.05% and total cumulative return in cash totals $273,779.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,962/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
0.28 Acres lot
$N/A/sqft
$290 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55303, Anoka, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,533 (100%) |
| Owner Occupied HU | 14,765 (71.9%) |
| Renter Occupied HU | 5,139 (25.0%) |
| Vacant Housing Units | 629 ( 3.1%) |
| Median Home Value | $384,834 |
| Average Home Value | $425,564 |
Housing Distribution
Address Breakdown
Residential
20,469
Single Family
16,681
Multi-Family
3,788
Businesses
1,270
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Nearby investment properties with comparable prices
Listed by: Lyman L Jenkins • RE/MAX Results
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6561276
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