20365 County Highway 5Lake ParkMN56554
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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
Investment property for sale in Lake Park at 20365 County Highway 5, Lake Park, MN, 56554 listed at $325,000 pairs $2,470/mo rent with a $1,591/mo payment to leave $440/mo cash flow. Total monthly income runs $2,470/mo, and annual cash flow reaches $5,283/yr on $107,738 cash to close. Return on cash invested measures 24.81% in year one, and rental yield registers 9.12% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 129.24% and total cumulative return in cash totals $139,237. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,470/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
1.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56554, Lake Park, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,893 (100%) |
| Owner Occupied HU | 1,061 (56.0%) |
| Renter Occupied HU | 161 ( 8.5%) |
| Vacant Housing Units | 671 (35.4%) |
| Median Home Value | $424,745 |
| Average Home Value | $451,025 |
Housing Distribution
Address Breakdown
Residential
1,199
Single Family
1,158
Multi-Family
41
Businesses
61
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