7037 Lamotte DrCentervilleMN55038
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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
Investment property for sale in Centerville at 7037 Lamotte Dr, Centerville, MN, 55038 earns from $5,143/mo rent with a $8,075/mo payment. Total monthly income totals $5,143/mo. ROI tracks 8.79% on current figures, and rental yield reads 3.74% at a $1,649,900 purchase. Equity gained on principal adds $10,647/yr, and 5% annual appreciation supports $455,837 over five years. Five-year ROI reaches 43.18% and total cumulative return in cash sums $230,830. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,143/mo property income instead of your personal income.
Single Family
Built in 1973
0.53 Acres 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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Listed by: Aaron Perkins • Luke Team Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6783440