7140 Ivy Ridge CtLino LakesMN55014
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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
Investment property for sale in Lino Lakes at 7140 Ivy Ridge Ct, Lino Lakes, MN, 55014 earns $329/mo cash flow from $2,009/mo rent with a $1,317/mo payment. Total monthly income totals $2,009/mo, and annual cash flow totals $3,946/yr on $89,174 capital. ROI tracks 24.33% on current figures, and rental yield reads 8.96% at a $269,000 purchase. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 over five years. Five-year ROI reaches 126.63% and total cumulative return in cash sums $112,919. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,009/mo property income instead of your personal income.
Townhouse
Built in 1994
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55014, Circle Pines, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,108 (100%) |
| Owner Occupied HU | 8,988 (80.9%) |
| Renter Occupied HU | 1,623 (14.6%) |
| Vacant Housing Units | 497 ( 4.5%) |
| Median Home Value | $383,530 |
| Average Home Value | $412,228 |
Housing Distribution
Address Breakdown
Residential
10,939
Single Family
9,780
Multi-Family
1,159
Businesses
526
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Listed by: Tiffany Jensen • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6746603