109 Connie LnEagle LakeMN56024
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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
Total monthly income runs $1,560/mo, and a $1,957/mo payment. Purchase price stands at $399,900, and rental yield measures 4.68% with $1,560/mo rent. Return on cash invested shows 11.43% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 57.47% and total cumulative return in cash records $76,184. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,560/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 2015
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56024, Eagle Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,416 (100%) |
| Owner Occupied HU | 992 (70.1%) |
| Renter Occupied HU | 388 (27.4%) |
| Vacant Housing Units | 36 ( 2.5%) |
| Median Home Value | $341,144 |
| Average Home Value | $370,408 |
Housing Distribution
Address Breakdown
Residential
1,279
Single Family
1,173
Multi-Family
106
Businesses
46
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Listed by: CARLOS CARRERA • Re/Max Dynamic Agents
Mls Name: RASM
Mls ID: #7038418