8800 Grace Ln NGreenfieldMN55357
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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 Greenfield at 8800 Grace Ln N, Greenfield, MN, 55357 listed at $1,777,777 pairs $7,602/mo rent with a $8,701/mo payment. Total monthly income runs $7,602/mo. Return on cash invested measures 13.08% in year one, and rental yield registers 5.13% at a $1,777,777 basis. Equity gained on principal adds $11,472/yr, and annual property appreciation at 5% supports $491,167 by year five. Five-year ROI tracks 66.19% and total cumulative return in cash totals $381,258. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,602/mo property income relative to a $8,701/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
7.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55357, Loretto, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,114 (100%) |
| Owner Occupied HU | 980 (88.0%) |
| Renter Occupied HU | 92 ( 8.3%) |
| Vacant Housing Units | 42 ( 3.8%) |
| Median Home Value | $643,919 |
| Average Home Value | $699,258 |
Housing Distribution
Address Breakdown
Residential
1,194
Single Family
1,170
Multi-Family
24
Businesses
111
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Listed by: Tamara B. Wenz • National Realty Guild
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7005239