140 Peggy LnEagle LakeMN56024
INVESTMENT ANALYSIS
Investment Verdict
Solid Income140 Peggy Ln, Eagle Lake, MN, 56024 in Eagle Lake is a solid income-producing rental, 9.35% gross yield, $2,647/mo rent, $525/mo net cash flow on a $339,900 buy. DSCR 1.73 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $93,908 and $3,131/yr in principal reduction project a total cumulative return of $162,794.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 8.0% |
| Monthly Cash Flow | $525 | $850 |
City averages based on Eagle Lake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,647 |
| Total Monthly Debt Service | $1,987 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2007
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56024, Eagle Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,416 (100%) |
| Owner Occupied HU | 992 (70.1%) |
| Renter Occupied HU | 388 (27.4%) |
| Vacant Housing Units | 36 ( 2.5%) |
| Median Home Value | $341,144 |
| Average Home Value | $370,408 |
Housing Distribution
Address Breakdown
Residential
1,279
Single Family
1,173
Multi-Family
106
Businesses
46
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 2007
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56024, Eagle Lake, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,416 (100%) |
| Owner Occupied HU | 992 (70.1%) |
| Renter Occupied HU | 388 (27.4%) |
| Vacant Housing Units | 36 ( 2.5%) |
| Median Home Value | $341,144 |
| Average Home Value | $370,408 |
Housing Distribution
Address Breakdown
Residential
1,279
Single Family
1,173
Multi-Family
106
Businesses
46
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: RASM
Mls ID: #7039652