12657 East RdSide LakeMN55781
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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
Rental property for sale in Side Lake at 12657 East Rd, Side Lake, MN, 55781 generates $2,383/mo in rent and, after a $1,197/mo payment, leaves $856/mo in cash flow. Total monthly income is $2,383/mo, and annual cash flow is $10,271/yr on $81,052 invested. Return on cash invested sits at 32.58% in year one, and rental yield is 11.7% on a $244,500 entry. Equity gained on principal adds $1,578/yr, while 5% annual appreciation builds toward $67,551 over five years. Five-year ROI reaches 170.87% and total cumulative return in cash sums $138,491. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,383/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55781, Side Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 771 (100%) |
| Owner Occupied HU | 332 (43.1%) |
| Renter Occupied HU | 20 ( 2.6%) |
| Vacant Housing Units | 419 (54.3%) |
| Median Home Value | $369,892 |
| Average Home Value | $442,364 |
Housing Distribution
Address Breakdown
Residential
209
Single Family
209
Multi-Family
0
Businesses
16
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Listed by: Lee Zieske • Johnson Hometown Realty
Mls Name: Range AOR
Mls ID: #148079
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.