9332 110th St SWHoward LakeMN55349
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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 Howard Lake at 9332 110th St SW, Howard Lake, MN, 55349 earns from $2,742/mo rent with a $2,325/mo payment. Total monthly income totals $2,742/mo. ROI tracks 18.2% on current figures, and rental yield reads 6.93% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 93.75% and total cumulative return in cash sums $147,619. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,742/mo property income instead of your personal income.
Single Family
Built in 2004
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55349, Howard Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,820 (100%) |
| Owner Occupied HU | 1,366 (75.1%) |
| Renter Occupied HU | 327 (18.0%) |
| Vacant Housing Units | 127 ( 7.0%) |
| Median Home Value | $426,106 |
| Average Home Value | $486,684 |
Housing Distribution
Address Breakdown
Residential
1,253
Single Family
1,109
Multi-Family
144
Businesses
100
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Listed by: Bonni Halverson • Lakes Area Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6770919