538 Cross StAnokaMN55303
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 538 Cross St, Anoka, MN, 55303 at $222,000 posts ROI 28.64% with $535/mo cash flow from $1,922/mo rent. Total monthly income equals $1,922/mo, and annual cash flow records $6,424/yr on $73,593 to close. Return on cash invested measures 28.64% and rental yield reads 10.39% at the current $222,000. Equity gained on principal adds $1,433/yr, and 5% annual appreciation supports $61,335 by year five. Five-year ROI prints 149.77% and total cumulative return in cash totals $110,223.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,922/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
6,098 sqft lot
$N/A/sqft
No 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: Katey Bean & Company • Keller Williams Realty Integrity Lakes
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6721566
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