9363 Lake BlvdChisago CityMN55013
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 9363 Lake Blvd, Chisago City, MN, 55013 in Chisago City. At $320,000 it earns $2,608/mo in rent and distributes $609/mo to the owner after the $1,439/mo payment, a consistent 9.78% yield. DSCR 1.81 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $88,410 in value; $2,947/yr in principal paydown compounds ownership stake. Total projected return: $160,652.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 8.0% |
| Monthly Cash Flow | $609 | $200 |
City averages based on Chisago City market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,608 |
| Total Monthly Debt Service | $1,871 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1986
1.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55013, Chisago City, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,205 (100%) |
| Owner Occupied HU | 2,448 (76.4%) |
| Renter Occupied HU | 544 (17.0%) |
| Vacant Housing Units | 213 ( 6.6%) |
| Median Home Value | $425,854 |
| Average Home Value | $505,499 |
Housing Distribution
Address Breakdown
Residential
2,900
Single Family
2,672
Multi-Family
228
Businesses
174
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
Single Family
Built in 1986
1.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55013, Chisago City, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,205 (100%) |
| Owner Occupied HU | 2,448 (76.4%) |
| Renter Occupied HU | 544 (17.0%) |
| Vacant Housing Units | 213 ( 6.6%) |
| Median Home Value | $425,854 |
| Average Home Value | $505,499 |
Housing Distribution
Address Breakdown
Residential
2,900
Single Family
2,672
Multi-Family
228
Businesses
174
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cliff Sheppeck • Keller Williams Classic Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6602426