9038 Garfield AveLonsdaleMN55046
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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 Lonsdale at 9038 Garfield Ave, Lonsdale, MN, 55046 listed at $625,000 pairs $3,380/mo rent with a $3,059/mo payment. Total monthly income runs $3,380/mo. Return on cash invested measures 17.01% in year one, and rental yield registers 6.49% at a $625,000 basis. Equity gained on principal adds $4,033/yr, and annual property appreciation at 5% supports $172,676 by year five. Five-year ROI tracks 87.35% and total cumulative return in cash totals $179,605. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,380/mo property income relative to a $3,059/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1875
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55046, Lonsdale, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,290 (100%) |
| Owner Occupied HU | 1,950 (85.2%) |
| Renter Occupied HU | 227 ( 9.9%) |
| Vacant Housing Units | 113 ( 4.9%) |
| Median Home Value | $378,858 |
| Average Home Value | $403,237 |
Housing Distribution
Address Breakdown
Residential
2,250
Single Family
2,164
Multi-Family
86
Businesses
95
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