592 Shoreview LnNyaMN55397
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 Nya at 592 Shoreview Ln, Nya, MN, 55397 offers a 10.47% rental yield on a $409,900 purchase with $3,578/mo rent. Total monthly income registers $3,578/mo, and a $2,006/mo payment leaves $604/mo available for distribution. Annual cash flow reaches $7,245/yr on $135,882 to close, and return on cash invested stands at 25.24% in year one. Equity gained on principal adds $2,645/yr while 5% annual appreciation supports $113,248 over five years. Portfolio math shows five-year ROI at 132.83% and total cumulative return in cash at $180,496. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,578/mo property income against a $2,006/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2020
0.07 sqft lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55397, Young America, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,194 (100%) |
| Owner Occupied HU | 957 (80.2%) |
| Renter Occupied HU | 197 (16.5%) |
| Vacant Housing Units | 40 ( 3.4%) |
| Median Home Value | $354,644 |
| Average Home Value | $441,539 |
Housing Distribution
Address Breakdown
Residential
1,181
Single Family
1,073
Multi-Family
108
Businesses
20
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Listed by: Charles A Nichols • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6727041
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