10 Lake AveMadison LakeMN56063
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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
Investment property for sale in Madison Lake at 10 Lake Ave, Madison Lake, MN, 56063 listed at $695,000 pairs $2,616/mo rent with a $3,402/mo payment. Total monthly income runs $2,616/mo. Return on cash invested measures 10.64% in year one, and rental yield registers 4.52% at a $695,000 basis. Equity gained on principal adds $4,485/yr, and annual property appreciation at 5% supports $192,016 by year five. Five-year ROI tracks 53.33% and total cumulative return in cash totals $121,938. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,616/mo property income relative to a $3,402/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
0.90 Acres lot
$N/A/sqft
No HOA
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Listed by: Mary Wolfe • Century 21 Atwood
Mls Name: RASM
Mls Provider:
Mls ID: #7036671
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, REALTOR Association of Southern MN. All Rights Reserved. Last Updated: 2025-02-21 22:15:34 PST