17566 Ideal AveSilver LakeMN55381
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 17566 Ideal Ave, Silver Lake, MN, 55381 in Silver Lake is capital appreciation. Rental yield 4.23%. The 4.23% gross yield at $649,900 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $179,555 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.78) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $132,950.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4.2% | 6.2% |
| Monthly Cash Flow | $(1,766) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,292 |
| Total Monthly Debt Service | $3,800 |
| DSCR Ratio | 0.60x |
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 1959
12 Acres lot
$N/A/sqft
No HOA
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 1959
12 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan B Lickfelt • Hometown Realty, Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6708949