Lewis Plan, Northfork MeadowsAnokaMN55303
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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 Anoka at Lewis Plan, Northfork Meadows, Anoka, MN, 55303 priced at $515,990 pairs $3,793/mo rent with $570/mo cash flow after a $2,526/mo payment. Total monthly income equals $3,793/mo, and annual cash flow comes to $6,845/yr on $169,761 invested. Return on cash invested is 24.09% in year one, and rental yield stands at 8.82% on a $515,990 basis. Equity gained on principal adds $3,330/yr, and 5% annual appreciation accumulates to $142,559 by year five. Five-year ROI measures 125.33% and total cumulative return in cash reaches $212,760. For financing, Ziffy Mortgage’s DSCR program evaluates $3,793/mo property income against a $2,526/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55303, Anoka, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,533 (100%) |
| Owner Occupied HU | 14,765 (71.9%) |
| Renter Occupied HU | 5,139 (25.0%) |
| Vacant Housing Units | 629 ( 3.1%) |
| Median Home Value | $384,834 |
| Average Home Value | $425,564 |
Housing Distribution
Address Breakdown
Residential
20,469
Single Family
16,681
Multi-Family
3,788
Businesses
1,270
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