606 Swan Lake Ln NWOak GroveMN55011
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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
Total monthly income runs $2,544/mo, and a $2,325/mo payment. Purchase price stands at $475,000, and rental yield measures 6.43% with $2,544/mo rent. Return on cash invested shows 16.69% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 85.66% and total cumulative return in cash records $134,875. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,544/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Single Family
Built in 1987
15.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55011, Cedar, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,060 (100%) |
| Owner Occupied HU | 3,776 (93.0%) |
| Renter Occupied HU | 231 ( 5.7%) |
| Vacant Housing Units | 53 ( 1.3%) |
| Median Home Value | $423,337 |
| Average Home Value | $451,419 |
Housing Distribution
Address Breakdown
Residential
4,040
Single Family
3,752
Multi-Family
288
Businesses
196
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