10412 Lakeside DrFinlaysonMN55735
Nearby investment properties with comparable rents
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
Investment Highlights
Investment property for sale in Finlayson at 10412 Lakeside Dr, Finlayson, MN, 55735 offers a 6.59% rental yield on a $379,000 purchase with $2,082/mo rent. 19% in year one. Equity gained on principal adds $2,446/yr while 5% annual appreciation supports $104,711 over five years. Portfolio math shows five-year ROI at 88.35% and total cumulative return in cash at $110,999. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,082/mo property income against a $1,855/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2004
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55735, Finlayson, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,561 (100%) |
| Owner Occupied HU | 757 (48.5%) |
| Renter Occupied HU | 97 ( 6.2%) |
| Vacant Housing Units | 707 (45.3%) |
| Median Home Value | $274,053 |
| Average Home Value | $303,015 |
Housing Distribution
Address Breakdown
Residential
815
Single Family
804
Multi-Family
11
Businesses
38
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Nearby investment properties with comparable prices
Listed by: Alissia Kreger • LPT Realty, LLC
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119333
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.