1056 Lakeside Est EPerhamMN56573
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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 Perham at 1056 Lakeside Est E, Perham, MN, 56573 earns $71/mo cash flow from $3,437/mo rent with a $2,638/mo payment. Total monthly income totals $3,437/mo, and annual cash flow totals $856/yr on $177,331 capital. ROI tracks 20.54% on current figures, and rental yield reads 7.65% at a $539,000 purchase. Equity gained on principal adds $3,478/yr, and 5% annual appreciation supports $148,916 over five years. Five-year ROI reaches 106.3% and total cumulative return in cash sums $188,496. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,437/mo property income instead of your personal income.
Single Family
Built in 1997
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56573, Perham, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,939 (100%) |
| Owner Occupied HU | 2,063 (52.4%) |
| Renter Occupied HU | 940 (23.9%) |
| Vacant Housing Units | 936 (23.8%) |
| Median Home Value | $309,896 |
| Average Home Value | $398,617 |
Housing Distribution
Address Breakdown
Residential
3,349
Single Family
2,894
Multi-Family
455
Businesses
367
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