Langford Plan, Lakeshore ParkSaint MichaelMN55376
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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 Saint Michael at Langford Plan, Lakeshore Park, Saint Michael, MN, 55376 offers $3,904/mo rent that, after a $2,638/mo payment, leaves $538/mo cash flow. Total monthly income is $3,904/mo, and annual cash flow is $6,460/yr on $177,328 cash. Return on cash invested measures 23.7% in year one, and rental yield stands at 8.69% at a $538,990 entry. Equity gained on principal adds $3,478/yr while 5% annual appreciation compounds into $148,913 by year five. Five-year ROI records 123.24% and total cumulative return in cash reaches $218,541. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,904/mo property income versus a $2,638/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55376, Saint Michael, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,435 (100%) |
| Owner Occupied HU | 6,333 (85.2%) |
| Renter Occupied HU | 824 (11.1%) |
| Vacant Housing Units | 278 ( 3.7%) |
| Median Home Value | $416,843 |
| Average Home Value | $455,816 |
Housing Distribution
Address Breakdown
Residential
6,946
Single Family
6,681
Multi-Family
265
Businesses
334
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Listed by: N/A • M/I Homes
Mls Name: M/I Homes
Mls Provider:
Mls ID: #N/A