646 Elm St NELonsdaleMN55046
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 Lonsdale at 646 Elm St NE, Lonsdale, MN, 55046 earns $792/mo cash flow from $3,446/mo rent with a $2,080/mo payment. Total monthly income totals $3,446/mo, and annual cash flow totals $9,509/yr on $140,854 capital. ROI tracks 26.66% on current figures, and rental yield reads 9.73% at a $424,900 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,392 over five years. Five-year ROI reaches 139.13% and total cumulative return in cash sums $195,969. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,446/mo property income instead of your personal income.
Single Family
Built in 2004
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55046, Lonsdale, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,290 (100%) |
| Owner Occupied HU | 1,950 (85.2%) |
| Renter Occupied HU | 227 ( 9.9%) |
| Vacant Housing Units | 113 ( 4.9%) |
| Median Home Value | $378,858 |
| Average Home Value | $403,237 |
Housing Distribution
Address Breakdown
Residential
2,250
Single Family
2,164
Multi-Family
86
Businesses
95
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices