8884 Compton LnInver Grove HeightsMN55076
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
Investment property for sale in Inver Grove Heights at 8884 Compton Ln, Inver Grove Heights, MN, 55076 uses $120,964 cash to close to unlock $2,801/yr annual cash flow and $233/mo monthly cash flow. Total monthly income runs $2,512/mo, and a $1,786/mo payment keeps the spread at $233/mo. Purchase price stands at $364,900, and rental yield measures 8.26% with $2,512/mo rent. Return on cash invested shows 22.22% in year one, and 5% annual appreciation builds toward $100,815 over five years. Five-year ROI reaches 115.35% and total cumulative return in cash records $139,536. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,512/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Townhouse
Built in 1998
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55076, Inver Grove Heights, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,394 (100%) |
| Owner Occupied HU | 7,073 (75.3%) |
| Renter Occupied HU | 2,090 (22.2%) |
| Vacant Housing Units | 231 ( 2.5%) |
| Median Home Value | $377,655 |
| Average Home Value | $408,391 |
Housing Distribution
Address Breakdown
Residential
9,409
Single Family
8,032
Multi-Family
1,377
Businesses
409
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Listed by: Dustin T. Gott • Keller Williams Premier Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7012894