855 Elins Lake Rd SECambridgeMN55008
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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
Rental property for sale in Cambridge at 855 Elins Lake Rd SE, Cambridge, MN, 55008 priced at $712,000 converts $2,527/mo rent into after a $3,485/mo obligation. Total monthly income equals $2,527/mo. Return on cash invested prints 10.23% in year one, and rental yield reads 4.26% against a $712,000 entry. Equity gained on principal adds $4,594/yr, while 5% annual appreciation compiles into $196,712 by year five. Five-year ROI reaches 50.97% and total cumulative return in cash sums $119,391. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,527/mo property income covering a $3,485/mo payment, not borrower’s personal income.
Single Family
Built in 2013
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55008, Cambridge, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,287 (100%) |
| Owner Occupied HU | 5,254 (72.1%) |
| Renter Occupied HU | 1,654 (22.7%) |
| Vacant Housing Units | 379 ( 5.2%) |
| Median Home Value | $318,249 |
| Average Home Value | $362,902 |
Housing Distribution
Address Breakdown
Residential
7,262
Single Family
6,167
Multi-Family
1,095
Businesses
587
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