10 Pelican Point DrLake Sarah TownshipMN56132
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 10 Pelican Point Dr, Lake Sarah Township, MN, 56132 in Lake Sarah Township is capital appreciation. Rental yield 0%. The 0% gross yield at $845,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $233,458 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.00) without U.S. credit history; structure with a larger down payment to optimise coverage.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 5.0% |
| Monthly Cash Flow | $0 | $800 |
City averages based on Lake Sarah Township market data in our database. Property projections are estimates.
Single Family
Built in 2024
0.47 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56132, Garvin, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 276 (100%) |
| Owner Occupied HU | 165 (59.8%) |
| Renter Occupied HU | 15 ( 5.4%) |
| Vacant Housing Units | 96 (34.8%) |
| Median Home Value | $363,043 |
| Average Home Value | $402,045 |
Housing Distribution
Address Breakdown
Residential
263
Single Family
263
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 2024
0.47 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56132, Garvin, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 276 (100%) |
| Owner Occupied HU | 165 (59.8%) |
| Renter Occupied HU | 15 ( 5.4%) |
| Vacant Housing Units | 96 (34.8%) |
| Median Home Value | $363,043 |
| Average Home Value | $402,045 |
Housing Distribution
Address Breakdown
Residential
263
Single Family
263
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Brenda Johnson • RE/MAX Advantage Plus
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6803005