6644 Lamplight DrAlbertvilleMN55301
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 Albertville at 6644 Lamplight Dr, Albertville, MN, 55301 at $560,000 posts ROI 29.17% with $1,398/mo cash flow from $4,895/mo rent. Total monthly income equals $4,895/mo, and annual cash flow records $16,776/yr on $184,240 to close. Return on cash invested measures 29.17% and rental yield reads 10.49% at the current $560,000. Equity gained on principal adds $3,614/yr, and 5% annual appreciation supports $154,718 by year five. Five-year ROI prints 152.51% and total cumulative return in cash totals $280,985.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,895/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2017
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55301, Albertville, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,117 (100%) |
| Owner Occupied HU | 4,068 (79.5%) |
| Renter Occupied HU | 797 (15.6%) |
| Vacant Housing Units | 252 ( 4.9%) |
| Median Home Value | $358,720 |
| Average Home Value | $371,713 |
Housing Distribution
Address Breakdown
Residential
4,772
Single Family
4,492
Multi-Family
280
Businesses
315
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Nearby investment properties with comparable prices
Listed by: Michael Morehead • Realty ONE Group Choice
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6776279