10948 Eagle Lake RdFrazeeMN56544
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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 Frazee at 10948 Eagle Lake Rd, Frazee, MN, 56544 listed at $681,100 pairs $4,309/mo rent with a $3,334/mo payment to leave $56/mo cash flow. Total monthly income runs $4,309/mo, and annual cash flow reaches $666/yr on $224,082 cash to close. Return on cash invested measures 20.36% in year one, and rental yield registers 7.59% at a $681,100 basis. Equity gained on principal adds $4,395/yr, and annual property appreciation at 5% supports $188,175 by year five. Five-year ROI tracks 105.29% and total cumulative return in cash totals $235,942. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,309/mo property income relative to a $3,334/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56544, Frazee, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,773 (100%) |
| Owner Occupied HU | 1,651 (59.5%) |
| Renter Occupied HU | 400 (14.4%) |
| Vacant Housing Units | 722 (26.0%) |
| Median Home Value | $319,088 |
| Average Home Value | $384,861 |
Housing Distribution
Address Breakdown
Residential
2,177
Single Family
2,107
Multi-Family
70
Businesses
80
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