976 Heritage Dr SWLonsdaleMN55046
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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
Rental property for sale in Lonsdale at 976 Heritage Dr SW, Lonsdale, MN, 55046 generates $2,754/mo in rent and, after a $1,835/mo payment, leaves $413/mo in cash flow. Total monthly income is $2,754/mo, and annual cash flow is $4,953/yr on $124,313 invested. Return on cash invested sits at 23.89% in year one, and rental yield is 8.81% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 124.27% and total cumulative return in cash sums $154,479. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,754/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.36 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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