6660 Heritage AveLino LakesMN55038
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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
Rental property for sale in Lino Lakes at 6660 Heritage Ave, Lino Lakes, MN, 55038 priced at $124,000 pairs $4,734/mo rent with $3,938/mo cash flow after a $607/mo payment. Total monthly income equals $4,734/mo, and annual cash flow comes to $47,251/yr on $41,106 invested. Return on cash invested is 134.86% in year one, and rental yield stands at 45.81% on a $124,000 basis. Equity gained on principal adds $800/yr, and 5% annual appreciation accumulates to $34,259 by year five. Five-year ROI measures 719.61% and total cumulative return in cash reaches $295,803. For financing, Ziffy Mortgage’s DSCR program evaluates $4,734/mo property income against a $607/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55038, Hugo, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,055 (100%) |
| Owner Occupied HU | 8,931 (88.8%) |
| Renter Occupied HU | 868 ( 8.6%) |
| Vacant Housing Units | 256 ( 2.5%) |
| Median Home Value | $484,067 |
| Average Home Value | $520,211 |
Housing Distribution
Address Breakdown
Residential
9,910
Single Family
9,782
Multi-Family
128
Businesses
380
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A