7296 Crane DrLino LakesMN55038
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 Lino Lakes at 7296 Crane Dr, Lino Lakes, MN, 55038 generates $3,479/mo in rent and, after a $2,393/mo payment, leaves $426/mo in cash flow. Total monthly income is $3,479/mo, and annual cash flow is $5,110/yr on $162,104 invested. Return on cash invested sits at 23.06% in year one, and rental yield is 8.54% on a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 119.81% and total cumulative return in cash sums $194,218. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,479/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
0.40 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ana-Maria Vogler • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6759975