7214 Auburn Ln #TQTQDSInver Grove HeightsMN55077
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
Rental property for sale in Inver Grove Heights at 7214 Auburn Ln #TQTQDS, Inver Grove Heights, MN, 55077 priced at $650,400 pairs $4,444/mo rent with $383/mo cash flow after a $3,183/mo payment. Total monthly income equals $4,444/mo, and annual cash flow comes to $4,596/yr on $213,982 invested. Return on cash invested is 22.21% in year one, and rental yield stands at 8.2% on a $650,400 basis. Equity gained on principal adds $4,197/yr, and 5% annual appreciation accumulates to $179,694 by year five. Five-year ROI measures 115.21% and total cumulative return in cash reaches $246,523. For financing, Ziffy Mortgage’s DSCR program evaluates $4,444/mo property income against a $3,183/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55077, Inver Grove Heights, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,829 (100%) |
| Owner Occupied HU | 3,506 (60.1%) |
| Renter Occupied HU | 2,076 (35.6%) |
| Vacant Housing Units | 247 ( 4.2%) |
| Median Home Value | $569,066 |
| Average Home Value | $584,829 |
Housing Distribution
Address Breakdown
Residential
5,786
Single Family
4,015
Multi-Family
1,771
Businesses
175
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Nearby investment properties with comparable prices
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