129 Main St ESilver LakeMN55381








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


Investment Highlights
Rental property for sale in Silver Lake at 129 Main St E, Silver Lake, MN, 55381 priced at $235,000 converts $1,690/mo rent into $223/mo cash flow after a $1,150/mo obligation. Total monthly income equals $1,690/mo, and annual cash flow totals $2,673/yr on $77,903 invested. Return on cash invested prints 23.34% in year one, and rental yield reads 8.63% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 121.31% and total cumulative return in cash sums $94,504. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,690/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
2.55 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Scott G Stormo • Stormo Real Estate and Propert
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6773568







