11414 54th St SEClear LakeMN55319
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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 $2,244/mo, and a $2,056/mo payment. Purchase price stands at $420,000, and rental yield measures 6.41% with $2,244/mo rent. Return on cash invested shows 16.64% in year one, and 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 85.39% and total cumulative return in cash records $118,891. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,244/mo property income covering a $2,056/mo payment rather than investor’s personal income.
Single Family
Built in 2001
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55319, Clear Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,369 (100%) |
| Owner Occupied HU | 1,993 (84.1%) |
| Renter Occupied HU | 114 ( 4.8%) |
| Vacant Housing Units | 262 (11.1%) |
| Median Home Value | $384,697 |
| Average Home Value | $436,509 |
Housing Distribution
Address Breakdown
Residential
2,061
Single Family
2,044
Multi-Family
17
Businesses
61
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Listed by: Jason C. Quade • Premier Real Estate Services
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6776595