7877 Oak 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 7877 Oak Ct, Lino Lakes, MN, 55014 offers a 10.85% rental yield on a $289,900 purchase with $2,622/mo rent. Total monthly income registers $2,622/mo, and a $1,419/mo payment leaves $812/mo available for distribution. Annual cash flow reaches $9,740/yr on $96,102 to close, and return on cash invested stands at 30.04% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 157.28% and total cumulative return in cash at $151,149. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,622/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2000
1,742 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: Lars Anderson • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6749029