11959 Northgate LnFifty LakesMN56448
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 11959 Northgate Ln, Fifty Lakes, MN, 56448 in Fifty Lakes. Rental yield 5.37%. At $895,000 with 5.37% gross yield, current distributions are modest, but the 5% appreciation rate projects $247,272 in new equity by year five, complemented by $8,243/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.00) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $237,759.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.4% | 7.0% |
| Monthly Cash Flow | $(1,583) | $800 |
City averages based on Fifty Lakes market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,006 |
| Total Monthly Debt Service | $5,233 |
| DSCR Ratio | 0.77x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1997
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56448, Fifty Lakes, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 712 (100%) |
| Owner Occupied HU | 195 (27.4%) |
| Renter Occupied HU | 17 ( 2.4%) |
| Vacant Housing Units | 500 (70.2%) |
| Median Home Value | $450,926 |
| Average Home Value | $516,551 |
Housing Distribution
Address Breakdown
Residential
250
Single Family
250
Multi-Family
0
Businesses
9
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
Single Family
Built in 1997
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56448, Fifty Lakes, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 712 (100%) |
| Owner Occupied HU | 195 (27.4%) |
| Renter Occupied HU | 17 ( 2.4%) |
| Vacant Housing Units | 500 (70.2%) |
| Median Home Value | $450,926 |
| Average Home Value | $516,551 |
Housing Distribution
Address Breakdown
Residential
250
Single Family
250
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6749157