45565 Cedarcrest TrlHarrisMN55032
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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 Harris at 45565 Cedarcrest Trl, Harris, MN, 55032 listed at $175,000 pairs $1,927/mo rent with a $857/mo payment to leave $834/mo cash flow. Total monthly income runs $1,927/mo, and annual cash flow reaches $10,005/yr on $58,013 cash to close. Return on cash invested measures 37.16% in year one, and rental yield registers 13.21% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 195.38% and total cumulative return in cash totals $113,347. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,927/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Lot
Built in N/A
15.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55032, Harris, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,502 (100%) |
| Owner Occupied HU | 1,265 (84.2%) |
| Renter Occupied HU | 97 ( 6.5%) |
| Vacant Housing Units | 140 ( 9.3%) |
| Median Home Value | $368,854 |
| Average Home Value | $391,358 |
Housing Distribution
Address Breakdown
Residential
1,359
Single Family
1,342
Multi-Family
17
Businesses
66
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Nearby investment properties with comparable prices
Listed by: Kris Lindahl • Kris Lindahl Real Estate
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6601038
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